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Benzinga
Benzinga
Business
Zacks

Will Strong Demand Drive Steel Dynamics' (STLD) Q2 Earnings?

Steel Dynamics, Inc. STLD is set to release second-quarter 2022 results after the closing bell on Jul 20.
Steel Dynamics' earnings beat the Zacks Consensus Estimate in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 2.5%, on average. The company posted an earnings surprise of 7.9% in the last reported quarter. Its second-quarter results will likely reflect the benefits of strong end-market demand.
Shares of the company have gained 7% in the past year compared with 23.9% decline of the industry.

 

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