22.01.2019 12:53:54

Steel Dynamics Q4 adjusted earnings of $1.31 per share

(RTTNews) - Steel Dynamics (STLD) revealed earnings for fourth quarter that declined from last year.

The company's profit came in at $270.00 million, or $1.17 per share. This compares with $304.73 million, or $1.28 per share, in last year's fourth quarter.

Excluding items, Steel Dynamics reported adjusted earnings of $302 million or $1.31 per share for the period.

The company's revenue for the quarter rose 23.9% to $2.90 billion from $2.34 billion last year.

Steel Dynamics earnings at a glance:

-Revenue (Q4): $2.90 Bln vs. $2.34 Bln last year.

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Steel Dynamics Inc. 116,36 -1,57% Steel Dynamics Inc.