Steel Dynamics (STLD) Q2 Earnings and Sales Beat Estimates
STLDSteel Dynamics(STLD) ZACKS·2024-07-18 23:15

Steel Dynamics, Inc. (STLD) logged second-quarter 2024 earnings of 2.72pershare,downfrom2.72 per share, down from 4.81 in the year-ago quarter. The figure beat the Zacks Consensus Estimate of 2.67.Netsalesinthesecondquarterweredownaround8.82.67.Net sales in the second quarter were down around 8.8% year over year to 4,632.6 million. The top line surpassed the Zacks Consensus Estimate of 4,417.6million. SegmentHighlightsSTLD’snetsalesfromsteeloperationstotaled4,417.6 million. Segment HighlightsSTLD’s net sales from steel operations totaled 3,132 million in the reported quarter, down 9.2% year over year. Steel shipments amounted to approximate ...