Categories Earnings, LATEST, Other Industries

Steel Dynamics, Inc. (NASDAQ: STLD): Q4 2019 Earnings Snapshot

— Steel Dynamics, Inc. (NASDAQ: STLD) reported adjusted earnings of $0.62 per share for the fourth quarter of 2019, vs. $0.66 per share expected.

— Net income dropped to $121.4 million or $0.56 per share from $270 million or $1.18 per share in the fourth quarter of 2018

— Net sales decreased by 18% to $2.37 billion during the three-month period from $2.90 billion last year, vs. $2.47 billion expected

— Operating income from steel operations dropped 16% sequentially to $201 million, based on two planned steel mill outages

— Completed significant planned maintenance outages at Butler and Columbus Flat Roll divisions

— Average external product selling price for steel operations decreased sequentially to $764 per ton

— Generated strong Q4 cash flow from operations of $409 million and executed inaugural investment grade notes offering

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

Infographic: Key metrics from Estee Lauder’s (EL) Q3 2024 earnings results

The Estee Lauder Companies Inc. (NYSE: EL) reported its third quarter 2024 earnings results today. Net sales were $3.94 billion, up 5% from the prior-year quarter. Organic sales increased 6%.

YUM Earnings: Key quarterly highlights from Yum! Brands’ Q1 2024 financial results

Yum! Brands, Inc. (NYSE: YUM) reported first quarter 2024 earnings results today. Total revenues decreased 3% year-over-year to $1.59 billion. Same-store sales declined 3%. Net income increased 5% to $314

Pfizer (PFE) Q1 2024 Earnings: Key financials and quarterly highlights

Pfizer Inc. (NYSE: PFE) reported first quarter 2024 earnings results today. Revenues decreased 20% year-over-year to $14.8 billion. Reported net income declined 44% to $3.1 billion, or $0.55 per share,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top