Steel Dynamics, Inc. (STLD), headquartered in Fort Wayne, Indiana, functions as a leading steel producer and metal recycler. Valued at $17.2 billion by market cap, the company’s products include flat rolled steel sheet, engineered bar special-bar-quality, and structural beams as well as it recycles scrap metals and manufactures non-residential building components such as steel joists, girders, trusses, and decks for construction projects. The leading domestic steel producer and metals recycler is expected to announce its fiscal fourth-quarter earnings for 2024 after the market closes on Wednesday, Jan. 22.
Ahead of the event, analysts expect STLD to report a profit of $1.41 per share on a diluted basis, down 46% from $2.61 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
