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Steel Dynamics shares fell 6% after the company reported third-quarter results that fell short of earnings expectations. The steel producer and metals recycler posted earnings per share of $5.26 for the third quarter, below Wall Street estimates of $5.48, despite slightly beating revenue expectations with $6.51 billion compared with analysts’ forecast of $6.43 billion. Lower average steel selling prices and weaker metals margins weighed on the company’s profitability during the period.
#CryptoVaultDepositsTop$10Billion #BitcoinSurpasses$83,000 #JapanFSAPublishesOnChainFinanceForumMinutes #BankOfRussiaSaysSelfCustodyBanStartsJuly2027 #ChinaQ3GDPGrowthQuickensTo4.5%
$XAU After-hours moves: STLD
CCK9 BTDR9
Steel Dynamics shares fell 6% after the company reported third-quarter results that fell short of earnings expectations. The steel producer and metals recycler posted earnings per share of $5.26 for the third quarter, below Wall Street estimates of $5.48, despite slightly beating revenue expectations with $6.51 billion compared with analysts’ forecast of $6.43 billion. Lower average steel selling prices and weaker metals margins weighed on the company’s profitability during the period.
#CryptoVaultDepositsTop$10Billion #BitcoinSurpasses$83,000 #JapanFSAPublishesOnChainFinanceForumMinutes #BankOfRussiaSaysSelfCustodyBanStartsJuly2027 #ChinaQ3GDPGrowthQuickensTo4.5%