Steel & Iron
(TX) - Ternium - Analysts expect strong 2008 year-over-year earnings growth of 54.35%
Ternium SA (TX) is riding out a tough steel market by betting on strong Mexican demand. The company has surprised on estimates 3 out of 4 quarters by an average of 18.97%. TX is cheap. It trades at only 2x forward earnings.Company Description Ternium manufactures flat and long...
25Oct2008 | Shawn | 0 comments | Continued(TX) - Ternium - Analysts expect strong 2008 year-over-year earnings growth of 54.35%
Ternium SA (TX) is riding out a tough steel market by betting on strong Mexican demand. The company has surprised on estimates 3 out of 4 quarters by an average of 18.97%. TX is cheap. It trades at only 2x forward earnings.Company Description Ternium manufactures flat and long...
24Oct2008 | Shawn | 0 comments | Continued(TX) - Ternium - Analysts expect strong 2008 year-over-year earnings growth of 54.35%
Ternium SA (TX) is riding out a tough steel market by betting on strong Mexican demand. The company has surprised on estimates 3 out of 4 quarters by an average of 18.97%. TX is cheap. It trades at only 2x forward earnings.Company Description Ternium manufactures flat and long...
23Oct2008 | Shawn | 0 comments | Continued(ROCK) - Gibraltar Industries - Third quarter estimates jumped 42%
Gibraltar Industries, Inc. (ROCK) manufactures products for the building, industrial and automobile markets. It operates 73 facilities in 27 states, Canada, China, England, Germany and Poland and services customers in all 50 states and worldwide.The company has two segments:...
10Sep2008 | Shawn | 0 comments | Continued(ROCK) - Gibraltar Industries - Third quarter estimates jumped 42%
Gibraltar Industries, Inc. (ROCK) manufactures products for the building, industrial and automobile markets. It operates 73 facilities in 27 states, Canada, China, England, Germany and Poland and services customers in all 50 states and worldwide.The company has two segments:...
4Sep2008 | Shawn | 0 comments | Continued(ROCK) - Gibraltar Industries - Third quarter estimates jumped 42%
Gibraltar Industries, Inc. (ROCK) manufactures products for the building, industrial and automobile markets. It operates 73 facilities in 27 states, Canada, China, England, Germany and Poland and services customers in all 50 states and worldwide.The company has two segments:...
29Aug2008 | Shawn | 0 comments | Continued(STLD) - Steel Dynamics - return on equityof 36%, versus the industry average of 25%
Steel Dynamics, Inc. (STLD) posted record second-quarter earnings of $1.05 per share in late July, citing strong shipments and higher selling values as catalysts. The earnings result more than doubled last year’s 51 cents and exceeded the consensus estimate by 13%. The company...
20Aug2008 | Shawn | 0 comments | Continued(ZEUS) - Olympic Steel - surprised on estimates for the second quarter by 58.82%
Olympic Steel announced a $1 special dividend as the steel sector remains hot. The company easily surprised on estimates for the second quarter by 58.82% and has beaten 2 out of the last 4 quarters on average of 11.52%. Olympic Steel has a forward P/E of 8.87.Company Description Olympic...
14Aug2008 | Shawn | 0 comments | Continued(MEA) - Metalico - company has surprised on estimates 3 out of 4 quarters by 30.46%
Metalico recently reported the best quarter in the company’s history as soaring metal prices pushed up revenues by 342%. The company has surprised on estimates 3 out of 4 quarters by 30.46%. Metalico has a forward P/E of 9.70.Company Description Metalico, Inc. (MEA) is...
13Aug2008 | Shawn | 0 comments | Continued(NWPX) - Northwest Pipe - current-year estimate jumped to $2.94 per share from $2.79 last week
Northwest Pipe Co. (NWPX) just reported an awesome quarter, estimates are on the move and its stock price is rising. The next-year estimate is projecting 14.9% earnings growth, much desired fundamental strength to support future gains.Northwest Pipe Co. manufactures and markets...
4Aug2008 | Shawn | 0 comments | Continued(NUE) - Nucor -of 30%, eclipsing the industry average of 20%
Nucor (NUE) recently reported record second-quarter earnings of $1.94 per share, beating the consensus estimate by nearly 8% and topping the year-prior $1.14. Consolidated net sales of $7.09 billion also reached a record level, exceeding last year’s $4.17 billion. For income,...
30Jul2008 | Shawn | 0 comments | Continued(PKX) - Posco - Estimates for the year are up 17%in the last 30 days with 3 out of 5 covering analysts raising estimates
Posco makes big profits as steel demand remains strong worldwide and prices continue to rise. Second quarter revenues rose 28.3% compared to a year ago. The company has a forward P/E of only 9.06.Company Description Posco (PKX) is the fourth-largest steel manufacturer in the...
24Jul2008 | Shawn | 0 comments | Continued(AKS) - AK Steel Holding Corp - surprised and beaten analyst estimates in the last four quarters by an average 22.25%
AK Steel Holding Corp.’s (AKS) share price has recently slid lower, but that is not a reflection of the company’s strong fundamental profile. AK just reported another great quarter in which revenue was up big from last year. Estimates continue to advance, and at these...
23Jul2008 | Shawn | 0 comments | Continued(SCHN) - Schnitzer Steel - outstanding average five year return on equityof 22.28%
Schnitzer Steel is riding the price surge on ferrous metals to record earnings. The company has surprised on estimates 2 out of the last 4 quarters. Schnitzer has a forward P/E of only 10.80 even as the stock has soared in 2008.Company Description Schnitzer Steel Industries,...
23Jul2008 | Shawn | 0 comments | Continued(WOR) Feed processor testing post
Mariner Energy, Inc. (ME), the Gulf of Mexico and West Texas exploration and production company, saw revenues rise 49% to a record in the first quarter. The company has surprised on estimates 2 out of the last 4 quarters by an average of 5.68%. Mariner has a forward P/E of only...
21Jul2008 | Shawn | 0 comments | Continued(WOR) - Worthington Industries - surprised on estimates two out of the last four quarters on average of 20.59%
Worthington Industries reported record sales for the fourth quarter and the year as the company flexed its pricing power on its flat-rolled steel. The company has surprised on estimates two out of the last four quarters on average of 20.59%. Worthington has a forward P/E of 12.70.Company...
16Jul2008 | Shawn | 0 comments | Continued