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Barchart
Barchart
Rashmi Kumari

Earnings Preview: What to Expect From Steel Dynamics' Report

Steel Dynamics STLD

Based in Fort Wayne, Indiana, Steel Dynamics, Inc. (STLD) is a leading steel producer and metal recycler serving customers across North America. With a market cap of $20.35 billion, Steel Dynamics is known for its innovative and sustainable practices in steel production. The company will announce its fiscal Q2 earnings results after the market closes on Wednesday, July 17.

Ahead of the event, analysts expect Steel Dynamics to report a profit of $2.67 per share, down 44.5% from $4.81 per share in the year-ago quarter. In the last four quarters, the company has missed Wall Street’s bottom-line estimates in three and surpassed in the other.

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