Olympic Steel Reports Second-Quarter 2024 Results
Olympic Steel, Inc. (ZEUS)
Last olympic steel, inc. earnings: 5/1 06:30 am
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Source: Business Wire
Diversified offerings in end products, higher-margin mix of flat-rolled products and additional fabrication capabilities drive profitability in a challenging pricing market CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended June 30, 2024.Net income for the second quarter totaled $7.7 million, or $0.66 per diluted share, compared with net income of $15.0 million, or $1.30 per diluted share, in the second quarter of 2023. The results include $1.0 million of LIFO pre-tax income in both the second quarter of 2024 and 2023. Adjusted EBITDA for the second quarter of 2024 was $21.3 million, compared with $31.2 million in the second quarter of 2023.The Company reported higher year-over-year shipping volumes on sales of $526 million in the second quarter of 2024, compared with $569 million in the second quarter of 2023.“Olympic Steel’s ability to capitalize on our diversificat
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News
- Olympic Steel (NASDAQ:ZEUS) Is Experiencing Growth In Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Olympic Steel, Inc. (NASDAQ: ZEUS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Olympic Steel, Inc. (NASDAQ: ZEUS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Olympic Steel, Inc. (ZEUS) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Olympic Steel Reports Second-Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
ZEUS
Earnings
- 5/2/24 - Beat
ZEUS
Sec Filings
- 8/2/24 - Form 10-Q
- 8/1/24 - Form 8-K
- ZEUS's page on the SEC website