FORT WAYNE, Ind. (AP) — FORT WAYNE, Ind. (AP) — Steel Dynamics Inc. (STLD) on Wednesday reported fourth-quarter earnings of $207.3 million.
On a per-share basis, the Fort Wayne, Indiana-based company said it had profit of $1.36.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The steel producer and metals recycler posted revenue of $3.87 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $3.96 billion.
For the year, the company reported profit of $1.54 billion, or $9.84 per share. Revenue was reported as $17.54 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STLD at https://www.zacks.com/ap/STLD
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