Steel Dynamics Set to Report Q1 2025 Earnings Amidst Market Challenges

Steel Dynamics, Inc. (STLD), with a market capitalization of $16.4 billion, stands as a prominent U.S. producer of steel and metal recycling. The company operates diverse segments including Steel, Metals Recycling, Steel Fabrication, and Aluminum. They provide a vast array of steel and recycled metal products tailored for industries such as construction, automotive, manufacturing, transportation, and energy across the globe. Based in Fort Wayne, Indiana, Steel Dynamics is set to announce its fiscal Q1 2025 earnings results on Tuesday, April 22, after the market closes.

Forecasts for Q1 Earnings

In anticipation of this earnings release, analysts anticipate STLD will report a projected profit of $1.38 per share. This figure represents a significant drop of 62.4% from $3.67 per share in the same quarter last year. Despite this downturn, Steel Dynamics has consistently outperformed Wall Street’s bottom-line estimates throughout the last four quarters. Notably, in Q4 2025, the company exceeded the consensus EPS estimate by 5.4%.

Fiscal Year Projections

Looking ahead, analysts expect STLD to report an EPS of $9.50 for fiscal 2025, marking a 3.5% decline from $9.84 in fiscal 2024. However, a rebound is predicted, with EPS anticipated to rise by 32.1% year-over-year to reach $12.55 in fiscal 2026.

Stock Performance Overview

Over the past 52 weeks, Steel Dynamics has seen a 24.6% decline, underperforming compared to the broader S&P 500 Index’s ($SPX) 3.1% decline and the Materials Select Sector SPDR Fund’s (XLB) 17.3% drop within the same period.

Recent Earnings and Analyst Sentiment

Despite reporting better-than-expected Q4 2024 EPS of $1.36 on January 22, STLD shares declined slightly the following day. This was due to revenue of $3.9 billion falling short of estimates and witnessing an 8.5% year-over-year decrease. Additionally, steel shipments totaled 3.02 million tons, alongside steel fabrication shipments of 145,901 tons, both below projections. For full-year 2024, earnings fell to $9.84 per share, as sales dropped to $17.5 billion, impacting investor confidence.

Analysts maintain a positive outlook on Steel Dynamics, with an overall “Strong Buy” consensus rating. Out of 12 analysts monitoring the stock, eight recommend a “Strong Buy,” one suggests a “Moderate Buy,” and three advise a “Hold.” This sentiment has become more bullish compared to three months ago when there were only four “Strong Buy” ratings. As of now, STLD is trading below the average analyst price target of $148.27.

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.

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