Steel Dynamics Reports Fourth Quarter and Annual 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Steel Dynamics (STLD) Tops Q4 EPS by 14c, Revenues Beat
January 25, 2021 4:31 PM ESTSteel Dynamics (NASDAQ: STLD) reported Q4 EPS of $0.97, $0.14 better than the analyst estimate of $0.83. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.53 billion.
The company reported fourth quarter 2020 net sales of $2.6 billion and net income of $188 million, or $0.89 per diluted share. Excluding the impact from the following items, the company's fourth quarter adjusted net income was $205 million, or $0.97 per diluted share:
Additional financing costs of $11 million, or $0.04 per diluted share, related to the company's October 2020 refinancing activities,Costs of approximately $14 million, or $0.05 per diluted share (net of... More