07:56 AM EDT, 03/17/2026 (MT Newswires) -- Steel Dynamics ( STLD ) said Tuesday it expects Q1 earnings to range between $2.73 and $2.77 per diluted share.

Two analysts surveyed by FactSet expect $3.02 per share.

The industrial manufacturer repurchased roughly $66 million of its common stock during the current quarter while temporarily reducing the pace of its buyback program, it said.

The reduced repurchase rate stems from significant working capital requirements tied to a $126 million profit-sharing payment alongside increased funding needs for scaling aluminum operations, but anticipates the normal schedule for Q2, Steel Dynamics ( STLD ) said.

Shares of the company were down 1% in Tuesday premarket activity.