Steel Dynamics sees Q1 earnings below estimates, cites weather

|About: Steel Dynamics, Inc. (STLD)|By:, SA News Editor

Steel Dynamics (STLD) provides lower than expected Q1 EPS guidance of $0.13-$0.17 vs. $0.28 analyst consensus, blaming severe and prolonged winter weather conditions that have resulted in increased energy costs, diminished availability of transportation, reduced production and lower shipments.

Close peer Nucor issued a similar warning this morning.

STLD -0.9% AH.