Steel dynamics provides fourth quarter 2019 earnings guidance

Steel dynamics provides fourth quarter 2019 earnings guidance.sees q4 adjusted earnings per share $0.55 to $0.59 excluding items.sees q4 2019 earnings per share $0.49 to $0.53.q4 earnings per share view $0.58 -- refinitiv ibes data.steel dynamics - q4 2019 results for co's metals recycling platform is expected to decrease due to lower ferrous shipments and average selling values.steel dynamics - q4 profitability from steel operations to be lower in comparison to sequential q3.steel dynamics - underlying domestic steel demand remains principally intact for primary steel consuming sectors.customers have been positive concerning business outlook for 2020.steel dynamics - q4 results for metals recycling platform expected to decrease when compared to q3.steel dynamics - 2 planned annual maintenance outages in q4 reduced flat roll steel shipments by estimated 70,000 tons to 80,000 tons.steel dynamics - q4 earnings from steel fabrication business to modestly decline based on margin compression.
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