Metal Dynamics (STLD) got here out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.31 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 10.71%. 1 / 4 in the past, it was anticipated that this metal producer and metals recycler would put up earnings of $0.70 per share when it really produced earnings of $0.69, delivering a shock of -1.43%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Metal Dynamics, which belongs to the Zacks Metal – Producers business, posted revenues of $2.37 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 4.52%. This compares to year-ago revenues of $2.90 billion. The corporate has topped consensus income estimates 3 times during the last 4 quarters.
The…