earnings
confidence high
sentiment negative
materiality 0.75
Steel Dynamics guides Q1 2025 EPS $1.36-$1.40, down 63% YoY; raises dividend 9%
STEEL DYNAMICS INC
- EPS guidance $1.36-$1.40 vs Q4 $1.36 and Q1 2024 $3.67.
- Steel operations stronger sequentially; Sinton Texas mill at >90% production.
- Steel fabrication earnings expected lower due to seasonally lower shipments and <5% price decline.
- Board increased quarterly dividend 9% to $0.50/share; authorized $1.5B share repurchase.
- New aluminum mill on track for mid-2025 shipments; first ingot cast in Jan; equipment installation on schedule.