Compared to Estimates, Steel Dynamics (STLD) Q2 Earnings: A Look at Key Metrics

For the quarter ended June 2024, Steel Dynamics (STLD) reported revenue of $4.63 billion, down 8.8% over the same period last year. EPS came in at$ 2.72, compared to $4.81 in the year-ago quarter.The reported revenue represents a surprise of +4.87% over the Zacks Consensus Estimate of$ 4.42 billion. With the consensus EPS estimate being $2.67, the EPS surprise was +1.87%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...