Steel Dynamics (STLD) Tops Q1 EPS by 45c
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Steel Dynamics Reports Record First Quarter 2022 Results
April 20, 2022 4:30 PM EDTFORT WAYNE, Ind., April 20, 2022 /PRNewswire/ --
First Quarter 2022 Performance Highlights:
Record steel shipments of 2.9 million tonsRecord net sales of $5.6 billionRecord operating income of $1.5 billion and net income of $1.1 billionRecord steel fabrication operating income of $467 million and near record shipments of 210,000 tonsRecord cash flow from operations of $819 million and record adjusted EBITDA of $1.6 billionIncreased first quarter 2022 cash dividends by 31 percent and repurchased $389 million of the company's common stock, representing 3 percent of its outstanding sharesSteel... More
