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18 Sep
14:48

SDI expects market to deliver strong third-quarter earnings

Based on a strong showing in the second quarter, Steel Dynamics Inc (SDI) expects its third quarter earnings to continue to increase, Kallanish notes. Third quarter 2018 earnings guidance for SDI is being reported between $1.60-1.64/share. This includes charges of around $0.04/share associated with the company's acquisition of Heartland. The company's estimated adjusted Q3 2018 earnings guidance, excluding these charges, is in the range of $1.6…
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