Steel Dynamics (NASDAQ:STLD) reported its Q4 earnings results on Monday, January 24, 2022 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Steel Dynamics beat estimated earnings by 2.48%, reporting an EPS of $5.78 versus an estimate of $5.64, which did not surprise analysts.
Revenue was up $2.71 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.39, which was followed by a 1.73% increase in the share price the next day.
Here’s a look at Steel Dynamics’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 4.57 | 3.42 | 1.89 | 0.83 |
| EPS Actual | 4.96 | 3.40 | 2.10 | 0.97 |
| Revenue Estimate | 4.98B | 4.22B | 3.39B | 2.53B |
| Revenue Actual | 5.09B | 4.46B | 3.54B | 2.60B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
