Steel Dynamics (STLD) Tops Q1 EPS by 21c, Revenues Beat
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Steel Dynamics (STLD) PT Raised to $55 at Credit Suisse After Record Shipments Drive Upside
April 19, 2021 5:41 AM EDTCredit Suisse analyst Curt Woodworth raised the price target on Steel Dynamics (NASDAQ: STLD) to $55.00 (from $52.00) after the company reported Q1 revenue of $3.55bn, ahead of consensus of $3.41bn and adj. EPS of $2.10 vs. consensus at $1.86.
The analyst reiterated an Outperform rating,... More
Steel Dynamics (STLD) Provides Strategic Growth Update Regarding its Flat Roll Steel Operations
April 15, 2021 4:35 PM EDTToday Steel Dynamics, Inc. (NASDAQ/GS: STLD) provided a strategic update concerning its ongoing and new flat roll steel growth initiatives.
"We are incredibly excited about the progress being made at our Sinton Texas EAF Flat Roll Steel Mill," stated Mark D. Millett, President and Chief Executive Officer. "Sinton represents transformational growth for Steel Dynamics and long-term value creation for our teams, communities, customers, and investors. Given the success of our Sinton construction team, we are planning to add two additional value-added flat roll coating lines more quickly than... More
