|Bid||45.80 x 2000|
|Ask||48.48 x 200|
|Day's range||45.80 - 47.34|
|52-week range||32.20 - 50.70|
|PE ratio (TTM)||13.89|
|Earnings date||17 Jul 2018 - 23 Jul 2018|
|Forward dividend & yield||0.75 (1.66%)|
|1y target est||53.50|
Cleveland-Cliffs' (CLF) revenues and margins are relatively lower than historical levels due to adoption of new revenue recognition standard.
Steel Dynamics (STLD) released its 1Q18 earnings on April 18, 2018. Nucor (NUE) is scheduled to release its 1Q18 earnings on April 19. U.S. Steel Corporation (X) and AK Steel (AKS) are slated to release their financial results on April 30. ArcelorMittal’s (MT) 1Q18 earnings are scheduled for May 11. In this part, we’ll discuss Steel Dynamics’ 1Q18 earnings.
Nucor sees sustainable strength in steel markets but isn't happy about the breadth of tariff exemptions granted by President Trump.
Steel Dynamics, Inc. reported its first-quarter earnings and revenue rose as the domestic steel producer and metals recycler experienced improved demand and pricing for steel.
Alcoa (AA) released its 1Q18 earnings on April 18, 2018, after the markets closed. The company reported revenues of $3.09 billion in 1Q18—compared to $3.17 billion in 4Q17 and $2.65 billion in 1Q17. Alcoa’s 1Q18 earnings were better than expected.
FORT WAYNE, Ind., April 5, 2018 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) one of the largest domestic steel producers and metals recyclers in the United States, today announced it intends to release first quarter 2018 financial results after market close on Wednesday, April 18, 2018. The teleconference is scheduled to begin at 10:00 a.m. Eastern Time on Thursday, April 19, 2018 and will be hosted by Mark D. Millett, President and Chief Executive Officer, and Theresa E. Wagler, Executive Vice President and Chief Financial Officer. To participate, please dial +1.201.689.8040 at least ten minutes before the start time and reference the Steel Dynamics First Quarter 2018 Earnings Call. The teleconference can also be accessed (in listen-only mode) by visiting the company's website at www.steeldynamics.com.
Iron ore and steel scrap are the key steelmaking raw materials. In the United States, steel prices and scrap prices tend to move in tandem. On the other hand, Chinese steel and seaborne iron ore prices usually mirror each other.
On a per-share basis, the Fort Wayne, Indiana-based company said it had profit of 96 cents. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment ...
Alcoa reported strong earnings and blowout guidance late Wednesday after the aluminum giant's stock broke out ahead of results. Steel Dynamics also topped views, with Nucor due early Thursday.
FORT WAYNE, Ind. , April 18, 2018 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2018 financial results. The company reported first quarter 2018 net sales of $2.6 ...
President Trump finalized the Section 232 tariffs in March and imposed a 25% tariff on steel and a 10% tariff on aluminum imports. Initially, President Trump indicated that there would be no country exemptions from the tariffs. US steel producers like U.S. Steel Corporation (X), AK Steel (AKS), and Nucor (NUE) rallied smartly as investors expected the Section 232 tariffs to lead to a sustainable fall in US steel imports.
US steel prices have risen sharply this year. Benchmark HRC (hot-rolled coil) prices are currently in the ballpark of $850 per ton, according to the data compiled by SteelBenchmarker. While there are several grades of steel products, HRC prices serve as a benchmark to gauge steel pricing environment.
With Nucor scheduled to report on Apr 19 and U.S. Steel reporting on Apr 26, its a good time to consider which is a better stock.
Zacks.com highlights: EMCOR Group, CBRE Group, Arrow Electronics, Steel Dynamics and CMS Energy
Your Investing Action Plan for Wednesday. Earnings season continues to roll with results Alcoa, Steel Dynamics, ASML Holding and United Rentals. The Fed will release its Beige Book report.
Analysts’ EBITDA (earnings before interest, tax, depreciation, and amortization) estimates reflect expectations of a company’s future profitability. Analysts usually derive these estimates from revenue projections, margin assumptions, or cost projections.
Of the ten analysts covering Cleveland-Cliffs (CLF) stock, 30% rate it as a “buy,” 60% rate it as a “hold,” and the remaining 10% rate it as a “sell.”
Favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with its price performance