WASHINGTON (dpa-AFX) - Industrial metals solutions company Steel Dynamics, Inc. (STLD) said Tuesday it expects earnings for the first quarter of fiscal 2026 in a range of $2.73 to $2.77 per share.
This compares to $1.82 per share reported in sequential fourth quarter and $1.44 per share reported in the year-ago quarter.
The company noted that profitability from the company's steel operations and metals recycling operations are expected to be higher compared to sequential fourth quarter results.
Meanwhile, earnings from the company's steel fabrication operations are expected to be steady with sequential fourth quarter results.
In Tuesday's pre-market trading, STLD is trading on the Nasdaq at $171.00, down $3.28 or 1.88 percent.
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