08:39 AM EDT, 06/18/2025 (MT Newswires) -- Steel Dynamics ( STLD ) shares were over 1% lower premarket Wednesday after the steel producer said it expects fiscal Q2 earnings below analysts' expectations.

The company said it expects Q2 earnings of $2 to $2.04 per share. Analysts polled by FactSet expect $2.73.

The company's Q2 profitability from its steel operations is anticipated to be "significantly stronger" than Q1, due to metal spreads expansion throughout its platform, Steel Dynamics ( STLD ) said.

The company said it intends to report its Q2 results after markets close on July 21.