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Steel Dynamics (STLD) provides earnings guidance for Q3 FY25

by TheAdviserMagazine
3 months ago
in Markets
Reading Time: 1 min read
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Steel Dynamics (STLD) provides earnings guidance for Q3 FY25
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Steel Dynamics, Inc. (NASDAQ: STLD), a leading steel producer and metals recycler in North America, has provided earnings guidance for the third quarter of fiscal 2025.

The company expects third-quarter 2025 earnings to be in the range of $2.60 per share to $2.64 per shareThe EPS target is higher than the $2.01 the company reported in Q2 FY25, and $2.05 reported in Q3 2024The positive guidance reflects improved earnings from each of the company’s three operating platformsQ3 FY25 profitability from the company’s steel operations is expected to be stronger than in Q2 FY25Earnings from the metals recycling operations in Q3 are expected to be significantly stronger than the Q2 EPSAs of September 11, 2025, Steel Dynamics has repurchased $185 million of its common stockThe company plans to release its third-quarter 2025 earnings on October 20, after markets close



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