Olympic Steel (NASDAQ:ZEUS) reported its Q4 earnings results on Thursday, February 22, 2024 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Olympic Steel beat estimated earnings by 20.0%, reporting an EPS of $0.36 versus an estimate of $0.3.
Revenue was down $30.64 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 6.59% drop in the share price the next day.
Here's a look at Olympic Steel's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.85 | 1.22 | 0.71 | 0.21 |
| EPS Actual | 0.68 | 1.24 | 1.15 | 0.28 |
| Revenue Estimate | 555.73M | 636.41M | 595.65M | 568.63M |
| Revenue Actual | 526.41M | 569.27M | 573.08M | 520.04M |
To track all earnings releases for Olympic Steel visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.