Steel Dynamics, Inc. (STLD) has announced its earnings guidance for the third quarter of 2024, projecting earnings per share in the range of $1.94 to $1.98. This represents a decline from the company’s second-quarter earnings and third-quarter 2023 results. The decline is primarily attributed to reduced pricing in the flat rolled steel operations.
Results for: Earnings Guidance
Meta’s first-quarter earnings report revealed a significant increase in profit, driven by higher advertising revenue and a rise in ad prices. However, the company’s lukewarm revenue guidance for the current quarter sent shares tumbling in after-hours trading.