Steel Dynamics forecasts lower-than-expected Q3 profit-March 2024-www.financetom.com

Steel Dynamics forecasts lower-than-expected Q3 profit

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Steel Dynamics forecasts lower-than-expected Q3 profit

Sep 16, 2024 1:57 PM

Sept 16 (Reuters) - Steel Dynamics ( STLD ) forecast

lower than expected third-quarter profit on Monday amid lagging

steel prices.

The company expects to earn a profit of between $1.94 and

$1.98 per share in the third quarter, compared with average

analysts' estimate of $2.10 per share, according to LSEG data.

Previous page： NFTs are most influential in contemporary art power list Next page： This is how much Parag Agrawal will be paid as Twitter CEO

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

NFTs are most influential in contemporary art power list

Dec 1, 2021

The idea of digital assets and virtual collectibles is seducing artists to experiment with NFTs. Amitabh Bachchan and Quentin Tarantino are among the many A-listers cashing in on the token mania.

This is how much Parag Agrawal will be paid as Twitter CEO

Nov 30, 2021

Agrawal was appointed as Twitter CEO on November 29, thereby joining the elite ranks of global tech CEOs from India.

Dorsey-led Square rebrands to Block in nod to blockchain

Dec 2, 2021

The San Francisco-based company said the name "Square" had become synonymous with it's seller business. The new name would distinguish the corporate entity from its businesses, Square added, a strategy similar to Meta Platforms Inc's rebrand last month.

Explained: The role of fungi in fighting climate change; and why they are at risk

Dec 1, 2021

Fungi constitute a large part of the underground biomass and are great at keep carbon emissions in check. But governments across the world, while waxing eloquent about net-zero targets, are doing little to take care of our mouldy friends.