Published on 18 Apr 2024 on Zacks via Yahoo Finance
Steel Dynamics (STLD) to Post Q1 Earnings: What's in the Cards?
Steel Dynamics, Inc. STLD is set to release first-quarter 2024 results after the closing bell on Apr 23.Steel Dynamics’ earnings missed the Zacks Consensus Estimate in three of the last four quarters while beat once. It has a trailing four-quarter earnings surprise of roughly 0.9%, on average. The company posted a negative earnings surprise of around 0.8% in the last reported quarter. Its first-quarter results are likely to have been aided by higher profitability in steel operations.Shares of STLD have gained 30.8% in the past year compared with 10.3% rise of the industry.
