Benzinga | Jul 19, 2021 04:31PM EDT

Steel Dynamics Q2 Adj. EPS $3.40 Misses $3.42 Estimate, Sales $4.46B Beat $4.22B Estimate

Steel Dynamics (NASDAQ:STLD) reported quarterly earnings of $3.40 per share which missed the analyst consensus estimate of $3.42 by 0.58 percent. This is a 623.4 percent increase over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $4.46 billion which beat the analyst consensus estimate of $4.22 billion by 5.81 percent. This is a 113.23 percent increase over sales of $2.09 billion the same period last year.