Stock AnalizSteel Dynamics (STLD) earnings for the quarter ended September 2026: EPS misses estimates
Steel Dynamics reported results for the quarter ended September 2026 on October 19, 2026. Adjusted earnings per share came in at $5.26 against the analysts’ average forecast of $5.41, a miss of 2.7%.
Revenue for the quarter was $6.51 billion, up 34.8% from $4.83 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 1.6% on the first trading day after the report.
The last four quarters
Steel Dynamics has beaten the analysts’ EPS forecast in 2 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $5.26 | $5.41 | −2.7% | +35% | +1.6% |
| Jun 2026 | $3.69 | $3.67 | +0.6% | +33% | −0.8% |
| Mar 2026 | $2.78 | $2.79 | −0.2% | +19% | +9.9% |
| Dec 2025 | $1.82 | $1.69 | +7.9% | +14% | −3.1% |
What comes next
Analysts expect EPS of $5.88 for the next quarter on average and $17.50 for the fiscal year ending December 31, 2026.
The average analyst price target is $274.10, 19% above the current price of $229.43.
Valuation and score
Steel Dynamics scores 3.2 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 16.9, and its intrinsic value under moderate assumptions is about 37% above the current market value. Full Steel Dynamics analysis with 10 years of financials
Frequently asked questions
What was Steel Dynamics’s EPS for the quarter ended September 2026?
$5.26 adjusted per share, against an analyst consensus of $5.41.
How much revenue did Steel Dynamics report?
$6.51 billion, up 34.8% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.