Steel Dynamics (STLD) Reports In-Line Q3 EPS

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Go back to Steel Dynamics (STLD) Reports In-Line Q3 EPS

Steel Dynamics Reports Third Quarter 2015 Results

October 19, 2015 6:00 PM EDT

FORT WAYNE, Ind., Oct. 19, 2015 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced third quarter 2015 net income of $61 million, or $0.25 per diluted share, on net sales of $2.0 billion.   Comparatively, prior year third quarter net income was $91 million, or $0.38 per diluted share, on net sales of $2.3 billion, and sequential second quarter 2015 net sales were $2.0 billion, with adjusted net income of $53 million, or $0.22 per diluted share, which excluded expenses of $0.09 per diluted share associated with both idling the company's Minnesota operations and planned furnace maintenance at Iron Dynamics. 

"The third quarter... More