Steel Dynamics, Inc. (STLD) said it expects fourth quarter earnings in the range of $2.60 to $2.64 per share. The company's prior year fourth quarter earnings were $3.61 per share.
The company noted that its fourth quarter profitability from the steel operations is expected to be lower than sequential third quarter results. Fourth quarter earnings from the metals recycling operations are expected to be comparable to sequential third quarter results. Earnings from the steel fabrication operations are expected to be lower compared to sequential third results.
The company plans to release its fourth quarter and full-year earnings on January 23, 2024.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.