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Steel Dynamics Q1 earnings $204.33 million, $0.91 per share

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Christian Fernsby |
Steel Dynamics
Steel Dynamics   Analysts had expected the company to earn $0.98 per share

Steel Dynamics announced earnings for first quarter that declined from last year.

The company's bottom line totaled $204.33 million, or $0.91 per share. This compares with $227.55 million, or $0.96 per share, in last year's first quarter.

Analysts had expected the company to earn $0.98 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.5% to $2.82 billion from $2.60 billion last year.

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