Steel Dynamics Analysts Increase Their Forecasts After Better-Than-Expected Earnings
Steel Dynamics Analysts Increase Their Forecasts After Better-Than-Expected Earnings
Steel Dynamics shares gained 1.2% to trade at $136.70 on Friday.Steel Dynamics Inc (NASDAQ:STLD) posted better-than-expected third-quarter earnings, after the closing bell on Wednesday.
钢铁动力公司（纳斯达克股票代码：STLD）周三收盘后发布了超出预期的第三季度盈利报告。
Steel Dynamics posted quarterly GAAP earnings of $2.05 per share, beating market estimates of $1.97 per share. The company's quarterly sales came in at $4.34 billion versus expectations of $4.177 billion.
钢铁动力公司发布了季度通用会计准则盈利报告，每股2.05美元，超过市场预期的每股1.97美元。公司季度销售额为43.4亿美元，超过预期的41.77亿美元。
"The teams achieved a solid third quarter 2024 performance across the platforms, with adjusted EBITDA of $557 million and cash flow from operations of $760 million," said Mark D. Millett, Co-Founder, Chairman, and Chief Executive Officer. "With our proven through-cycle cash generation, we increased liquidity to $3.1 billion, while also investing $621 million in our internal ongoing growth initiatives and distributing $381 million to our shareholders through cash dividends and share repurchases. Our three-year after-tax return-on-invested capital of 26 percent is a testament to our ongoing high-return capital allocation execution.
“团队在各领域取得了可观的2024年第三季度业绩，调整后的EBITDA为55700万美元，经营现金流为76000万美元，” 马克·米利特，共同创始人、董事长和首席执行官说。“凭借我们经过验证的整个周期现金生成能力，我们将流动性增至31亿美元，同时也投资了62100万美元在内部持续增长项目，并向股东通过现金股利和回购派发了38100万美元。我们的三年税后投入资本回报率为26%是我们持续高回报资本配置执行的证明。”
Steel Dynamics shares gained 1.2% to trade at $136.70 on Friday.
周五，钢铁动力股价上涨了1.2%，报136.70美元。
These analysts made changes to their price targets on Steel Dynamics following earnings announcement.
这些分析师在钢铁动力发布盈利公告后调整了其价格目标。
- BMO Capital analyst Katja Jancic maintained Steel Dynamics with a Market Perform and raised the price target from $130 to $135.
- JP Morgan analyst Bill Peterson maintained Steel Dynamics with a Neutral and raised the price target from $129 to $134.
- BMO资本分析师卡特雅·扬西奇维持钢铁动力的市场表现评级，将目标价从130美元上调至135美元。
- 摩根大通分析师比尔·彼得森维持钢铁动力的中立评级，将目标价从129美元上调至134美元。
Considering buying STLD stock? Here's what analysts think:
考虑购买钢铁动力股票？这是分析师们的看法：
