earnings
confidence high
sentiment negative
materiality 0.75
Steel Dynamics guides Q4 2025 EPS $1.65-$1.69; sequential drop from $2.74
STEEL DYNAMICS INC
- Q4 2025 EPS guidance $1.65-$1.69, down from Q3 2025's $2.74; up from Q4 2024's $1.36.
- Steel operations profit expected meaningfully lower due to lower selling values and volumes; planned maintenance outages reduced flat rolled output by 140K-150K tons.
- Metals recycling and steel fabrication earnings also expected lower sequentially on seasonal shipments and pricing declines.
- Aluminum flat rolled mill commissioning progressing; produced finished products for can and automotive sectors with customer qualifications.
- Company repurchased ~$200M of common stock during Q4 2025; earnings release set for Jan 26, 2026.