Benzinga | Jul 20, 2020 06:01PM EDT

Steel Dynamics Q2 EPS $0.47 Beats $0.32 Estimate, Sales $2.09B Beat $2.06B Estimate

Steel Dynamics (NASDAQ:STLD) reported quarterly earnings of $0.47 per share which beat the analyst consensus estimate of $0.32 by 46.87 percent. This is a 45.98 percent decrease over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $2.09 billion which beat the analyst consensus estimate of $2.06 billion by 1.46 percent. This is a 24.58 percent decrease over sales of $2.77 billion the same period last year.