The company guided investors to third-quarter earnings of about 68 cents a share, below Wall Street’s guess of 72 cents. Normally guiding below the consensus estimate would be a negative, but Steel Dynamics stock rose at the open and was recently down 1.1%. KeyBanc analyst Philip Gibbs is the low man on the Street with a 60-cent third-quarter estimate.

source https://finance.yahoo.com/m/523eab37-d3be-34e1-ade1-863c16c7a423/steel-dynamics-gave-earnings.html?.tsrc=rss