17
Dec
16:30
SDI sees lower earnings ahead in Q4
Unfavourable margins and decreased shipments are expected to bite into Steel Dynamics Inc’s (SDI) bottom line in the fourth quarter, Kallanish learns from company guidance.
SDI predicts its Q4 earnings will be $0.03-0.07/diluted share. In Q3, SDI reported earnings of $0.25/diluted share, or $61 million. In Q4 2014, the company reported earnings of $0.40/diluted share, or $97m.
“Profitability from the company's steel operations for the fourth q…
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Anonymous
Very good overview of the weekly steel market.
Anonymous