Steel Dynamics Faces Challenges with Lower Q4 EPS Guidance

GuruFocus12-17

Steel Dynamics (STLD, Financial) typically provides EPS guidance midway through the last month of each quarter, and this quarter is no exception. The company announced Q4 EPS guidance of $1.26-1.30, ...

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The company announced Q4 EPS guidance of $1.26-1.30, ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2633999/steel-dynamics-faces-challenges-with-lower-q4-eps-guidance\">Source Link</a>\n\n</div>\n","source":"gurufocus_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Steel Dynamics Faces Challenges with Lower Q4 EPS Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSteel Dynamics Faces Challenges with Lower Q4 EPS Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-17 00:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.gurufocus.com/news/2633999/steel-dynamics-faces-challenges-with-lower-q4-eps-guidance><strong>GuruFocus</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Steel Dynamics (STLD, Financial) typically provides EPS guidance midway through the last month of each quarter, and this quarter is no exception. The company announced Q4 EPS guidance of $1.26-1.30, ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2633999/steel-dynamics-faces-challenges-with-lower-q4-eps-guidance\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STLD","symbol_name":"Steel Dynamics","start_time":0,"source_url":"https://www.gurufocus.com/news/2633999/steel-dynamics-faces-challenges-with-lower-q4-eps-guidance","article_id":"2492861755","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492861755","pubTimestamp":1734366842,"columns":[],"sourceInfo":{"source_id":"gurufocus_highlight","name":"GuruFocus"},"weMediaInfo":null,"summary":"Steel Dynamics (STLD, Financial) typically provides EPS guidance midway through the last month of each quarter, and this quarter is no exception. The company announced Q4 EPS guidance of $1.26-1.30, f","collect":0,"end_time":0,"defaultTopTitle":"gurufocus.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"STLD":"Steel Dynamics"},"translate_title":"Steel Dynamics面临第四季度每股收益指引较低的挑战","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STLD":1},"content_text":"Steel Dynamics (STLD, Financial) typically provides EPS guidance midway through the last month of each quarter, and this quarter is no exception. The company announced Q4 EPS guidance of $1.26-1.30, falling short of analyst expectations. This marks the third consecutive quarter of disappointing guidance, a concerning trend. Although Q4 is usually slower due to cold weather and holidays, the guidance was still a disappointment.Q4 EPS is expected to be significantly lower than Q3, attributed to lower prices, seasonally reduced shipments, and an unplanned outage at the Butler Flat Roll Division. However, flat rolled steel prices have stabilized, and underlying steel demand remains steady, with strong customer order activity. Customers are optimistic about the 2025 business outlook. In metals recycling, STLD anticipates Q4 results to surpass Q3, driven by steady ferrous volume and stable pricing. Conversely, steel fabrication earnings are expected to decline due to seasonally lower shipments and a slight decrease in pricing. The order backlog remains robust, extending into the first half of 2025 at favorable pricing. While no 2025 guidance was provided, STLD expects improved volumes as interest rates decrease. The US infrastructure program and onshoring efforts are predicted to boost demand for steel joist, deck products, flat rolled, and long product steel.The stock's movement is minimal, likely because investors anticipated a challenging Q4 amid low steel prices. Although Trump tariffs may reduce steel imports, potentially benefiting steel companies, they could raise costs for consumers, affecting companies in the automotive and appliance sectors. This might pressure a reduction in tariffs.STLD could benefit from lower interest rates, which would spur construction projects, vehicle demand, and housing market recovery, impacting appliance sales. However, concerns about the new administration's policies, such as tariffs, labor shortages from deportations, and tax cuts leading to higher deficits, could trigger inflation. 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