Steel Dynamics (STLD) Q2 Guidance Misses Consensus

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Go back to Steel Dynamics (STLD) Q2 Guidance Misses Consensus

Wolfe Research Reiterates Underperform Rating on Steel Dynamics (STLD)

June 17, 2024 10:12 AM EDT

Wolfe Research analyst Timna Tanners reiterated an Underperform rating and $112.00 price target on Steel Dynamics (NASDAQ: STLD)

The analyst comments "Mgmt's guided Q2E EPS to $2.64-2.68 missed consensus $2.98 and our Street-low $2.70 in Mon's mid-qtr update. Steel Operations earnings were seen... More

Citi Reiterates Buy Rating on Steel Dynamics (STLD)

June 17, 2024 8:41 AM EDT

Citi analyst Alexander Hacking reiterated a Buy rating and $160.00 price target on Steel Dynamics (NASDAQ: STLD).

The analyst comments "Steel Dynamics announced 2Q24 EPS guidance of $2.64-2.68, which compares to Citi estimate at $2.87 and consensus $2.98. Implied EBITDA is ~$701mln or ~6% below consensus ($748mln... More