In February this year, the company’s board of directors increased the Q1 2025 cash dividend by 9% to $0.50 per common share.
SEATTLE (Scrap Monster): Steel Dynamics, Inc. (SDI) released earnings guidance for the first quarter of 2025.
For the quarter, the company anticipates earnings per diluted share to be between $1.36 and $1.40. This contrasts with the first quarter earnings of the previous year, which were $3.67 per diluted share, and the consecutive fourth quarter 2024 earnings, which were $1.36 per diluted share.
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According to a business news release, the company's steel activities are likely to continue to be more profitable in Q1 2025 than in Q4 2024, mainly as a result of higher exports. According to SDI, during the first quarter of 2025, Sinton Texas Flat Roll Division performed at output levels above 90 percent. Additionally, compared to sequential fourth quarter 2024 performance, it anticipates higher first quarter 2025 earnings from metals recycling operations.
Due primarily to seasonally reduced shipments and a decline in realized pricing, the company's steel fabrication activities are likely to report lower first-quarter 2025 earnings than sequential fourth-quarter results.
The company's board of directors raised the Q1 2025 cash dividend by 9% to $0.50 per common share in February of this year.
On Tuesday, April 22, 2025, SDI will report its first quarter 2025 earnings following the closure of the markets. The following day at 11:00 a.m. Eastern Daylight Time, a conference call will take place.
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