Steel Dynamics Anticipates Decreased Q4 Earnings Due to Seasonal Factors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
0mins
Should l Buy STLD?
Source: NASDAQ.COM
Earnings Guidance: Steel Dynamics, Inc. (STLD) has projected fourth-quarter 2025 earnings per share between $1.65 and $1.69, an increase from $1.36 in Q4 2024, but a decline from $2.74 in Q3 2025 due to seasonal demand and operational challenges.
Operational Challenges: The anticipated decrease in profitability is attributed to lower steel prices, reduced shipment volumes, and production curtailments from maintenance outages, impacting the company's steel operations.
Future Outlook: Despite current challenges, Steel Dynamics reports steady order activity and a strong backlog, with expectations for improved volumes as interest rates may decline and infrastructure spending increases.
Stock Performance: STLD shares have risen 38.7% over the past six months, outperforming the industry average of 36%, while the company continues to invest in growth through stock repurchases and new facility developments.
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Analyst Views on STLD
Wall Street analysts forecast STLD stock price to fall
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 199.510
Low
185.00
Averages
190.71
High
195.00
Current: 199.510
Low
185.00
Averages
190.71
High
195.00
About STLD
Steel Dynamics, Inc. is an industrial metals solutions company. Its Steel Operations segment consists of its EAF steel mills, producing steel from ferrous scrap and scrap substitutes, utilizing continuous casting and automated rolling mills, and numerous steel coating, processing lines and warehouse operations. Its Metals Recycling Operations segment includes its OmniSource ferrous and nonferrous processing, transportation, marketing, brokerage, and scrap management services primarily throughout the United States and in Central and Northern Mexico. Its Steel Fabrication Operations segment includes its New Millennium Building Systems’ joist and deck plants located throughout the United States, and in Northern Mexico. Its Aluminum Operations segment includes the recycled aluminum flat rolled products mill being constructed in Columbus, Mississippi, and two satellite recycled aluminum slab centers in the southwest United States and Central Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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