WASHINGTON (dpa-AFX) - Steel Dynamics (STLD) announced earnings for its fourth quarter that climbed from the same period last year.
The company's profit came in at $187.84 million, or $0.89 per share. This compares with $121.43 million, or $0.56 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 10.6% to $2.60 billion from $2.35 billion last year.
Steel Dynamics earnings at a glance:
-Earnings (Q4): . vs. . last year. -Analysts Estimate: $0.83 -Revenue (Q4): $2.60 Bln vs. $2.35 Bln last year.
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