Steel Dynamics Q2 EPS $2.01 Misses $2.51 Estimate, Sales $4.57B Miss $4.76B Estimate

Steel Dynamics (NASDAQ: STLD) reported quarterly earnings of $2.01 per share which missed the analyst consensus estimate of $2.51 by 19.92 percent. This is a 26.1 percent decrease over earnings of $2.72 per share from the same period last year. The company reported quarterly sales of $4.57 billion which missed the analyst consensus estimate of $4.76 billion by 4.16 percent. This is a 1.47 percent decrease over sales of $4.63 billion the same period last year.