STLD - Steel Dynamics Increases Despite Market Slip: Here's What You Need to Know | Benzinga
The latest trading session saw Steel Dynamics (NASDAQ: STLD) ending at $133.55, denoting a +0.62% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.74% for the day. Elsewhere, the Dow lost 1.53%, while the tech-heavy Nasdaq lost 0.39%.
The steel producer and metals recycler's shares have seen an increase of 2.16% over the last month, not keeping up with the Basic Materials sector's gain of 3.55% and the S&P 500's gain of 6.06%.
The investment community will be closely monitoring the performance of Steel Dynamics in its forthcoming earnings report. On that day, Steel Dynamics is projected to report earnings of $3.33 per share, which would represent a year-over-year decline of 30.77%. Alongside, our most recent consensus estimate is anticipating ...