STLD - Steel Dynamics Issues Caution on Q3 Outlook - What's Going On? | Benzinga
Steel Dynamics, Inc. (NASDAQ: STLD) shares drop following the release of its 3Q23 earnings guidance.
The company projected 3Q EPS of $3.46 and $3.50 versus a consensus of $3.61. This is a decrease compared to 3Q23 EPS of $4.81 and $5.03 in 3Q22.
The company stated that its profitability of steel operations in Q3 is expected ...