NEW YORK (TheStreet) -- Shares of Steel Dynamics are down 6.05% to $16.63 today after the company reported 2014 fourth quarter results that missed analysts' expectations. The Fort Wayne, IN-based company reported reported a fourth-quarter loss of $45 million, or a loss of 19 cents a share on revenue of $2.52 billion, below earnings estimates of 42 cents. Seasonal trends and elevated steel imports negatively impacted shipments across the company's operating platforms, the company said, adding the average product selling price for the company's steel operations decreased $34 to $806 per ton. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.
Steel Dynamics (stld) Stock Lower Today After Earnings Miss
twocents@thestreet.com (Sebastian Silva), The Street
Thu, 01/29/2015 - 9:53am
Topics: york thestreet shares steel dynamics the fort wayne in-based seasonal exclusive report jim cramer's best stocks additionally u.s ceo mark millett ycharts metals mining stocks to buy thestreet quant ratings triple stld click today earnings company cents net billion income potentially months loss diluted million quarter revenue handful price identified global learn
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