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 story : Steel Dynamics shares rise on stronger-than-expected profit view #FinanceUSA #StockMarketNEWS Steel Dynamics Inc. said Thursday it expects second-quarter adjusted earnings of .61 to .65 a share,

@stockMarketNEWS Thu 16 Jun, 2022

Posted in: #FinanceUSA #StockMarketNEWS

Steel Dynamics shares rise on stronger-than-expected profit view #FinanceUSA #StockMarketNEWS
Steel Dynamics Inc. said Thursday it expects second-quarter adjusted earnings of .61 to .65 a share, which excludes an impact of 28 cents a share for start-up costs of the steel maker's Sinton Texas mill investment. Including the cost, Steel Dynamics expects to earn .33 to .37 a share. Analysts have expected Steel Dynamics to earn .72 a share, according to a FactSet Survey. Shares of Steel Dynamics rose 1.3% in premarket trades.


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