Steel Dynamics Reports Second Quarter 2017 Results
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Steel Dynamics (STLD) PT Raised to $43 at Jefferies Following 3Q Pullback
July 21, 2017 8:01 AM EDTJefferies raised its price target on Steel Dynamics (NASDAQ: STLD) to $43.00 (from $42.00) while maintaining a Buy rating. After a notable Q2 pull-back, STLD expects flat steel prices to continue their recovery in months to come, even without immediate support of 232.
Analyst Seth Rosenfeld... More
Steel Dynamics (STLD) Reports In-Line Q2 EPS
July 19, 2017 6:01 PM EDTSteel Dynamics (NASDAQ: STLD) reported Q2 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.39 billion.
"The team delivered a solid performance for the second quarter 2017 despite hesitant customer order entry and significantly higher quarter-over-quarter steel imports," said Mark D. Millett, President and Chief Executive Officer. "Our second quarter... More
