Olympic Steel

Olympic Steel, Inc. engages in the processing, sale, and distribution of metal products. It operates through the following segments: Carbon Flat Products, Specialty Metals Flat Products, and Tubular and Pipe Products. The Carbon Flat Products segment includes large volumes of processed carbon and coated flat-rolled sheet, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment consists of processed aluminum and stainless flat-rolled sheet and coil products, flat bar products, and fabricated parts. The Tubular and Pipe Products segment covers metal tubing, pipes, bars, valves, and fittings and fabricated pressure parts. The company was founded by Sol Siegal and Sam Sigel in 1954 and is headquartered in Highland Hills, OH.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Olympic Steel reports robust Q4 earnings, eyes growth opportunities

Olympic Steel's Q4 2022 performance reflects a strong financial position with notable reductions in debt and operating expenses. Strategic initiatives have enhanced the company's product portfolio and positioned it for growth in 2023 through acquisitions and operational efficiencies.

Olympic Steel reports robust Q1 earnings, eyes growth amid uncertainties

Olympic Steel's Q1 performance reflects solid sales and EBITDA figures, supported by market trends and strategic acquisitions. While challenges exist in navigating uncertainties, the company's strengths in diversification and balance sheet fortification provide a foundation for growth. Opportunities for expansion and resilience in the face of market dynamics position Olympic Steel for continued success.

Olympic Steel reports strong Q2 earnings, eyes growth opportunities

Olympic Steel's Q2 2023 earnings call highlighted solid performance, strategic acquisitions, and a positive market outlook. Despite challenges, the company is focused on growth, efficiency, and shareholder value.

Olympic Steel reports robust Q3 earnings and optimistic outlook

Olympic Steel's Q3 earnings call highlighted strong financial performance, strategic acquisitions, and a positive outlook on market conditions. The company's focus on growth through investments and acquisitions remains a key driver of future success.

Olympic Steel posts solid Q4 results, eyes growth opportunities in 2024

Olympic Steel's Q4 performance reflects resilience and strategic focus amidst market challenges, with strong segment contributions and growth prospects.
The company's strengths in integration, cash flow, and dividend increase underscore its solid financial position and commitment to shareholder value.
Challenges in certain segments highlight the need for strategic adjustments, while opportunities in tonnage growth and market demand offer avenues for expansion.
Balancing challenges and opportunities, Olympic Steel aims to sustain growth through prudent financial management and strategic investments in 2024.

Olympic Steel reports solid Q1 performance amidst market challenges

Olympic Steel's Q1 performance reflects resilience in challenging market conditions with sales of $527 million and net income of $8.7 million.
Strategic investments in fabrication capabilities and new business wins position the company for future growth opportunities.
Despite market challenges, the company's strong balance sheet and focus on operational efficiencies drive optimism for the future.

Olympic Steel reports resilient Q2 earnings amidst market challenges

Olympic Steel's Q2 performance reflects resilience and profitability despite market challenges, underpinned by operational efficiency and diversification strategies.
The company's strong financial position, commitment to profitability, and growth strategies position it well for future success and sustained growth.
While facing pricing pressures and inventory management challenges, Olympic Steel remains focused on seizing growth opportunities and enhancing operational efficiencies.
Management's strategic focus on higher-margin products, fabrication capabilities, and value-added services aligns with long-term growth objectives and market demands.

Olympic Steel reports solid Q3 performance, eyes growth opportunities

Olympic Steel's Q3 performance underscores financial stability and strategic resilience amidst macroeconomic uncertainties. The company's focus on diversification, debt reduction, and investments in higher-margin opportunities position it well for long-term success.

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Olympic Steel's (ZEUS) Q1 results are likely to reflect improved metal prices and steady end-market demand.

Olympic Steel (ZEUS) to Report Q1 Earnings: What's in Store?

Olympic Steel (ZEUS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Is Trending Stock Olympic Steel, Inc. (ZEUS) a Buy Now?

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CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the appointment of Jessica L. Burroughs to the newly created role of Vice President for the organization's Action Stainless & Alloys subsidiary. Ms. Burroughs joins the Company with more than 18 years of metals industry experience in roles encompassing commercial, sales and marketing functions.

Olympic Steel Appoints New Vice President to Action Stainless & Alloys Subsidiary

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CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2023 financial results after the market closes on May 4, 2023. A webcast to discuss these results will be held on Friday, May 5, 2023 at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer.

Webcast Alert: Olympic Steel to Announce First-Quarter 2023 Financial Results After Market Closes on May 4, 2023

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On the back of beating earnings estimates for the last 8 quarters, Olympic Steel's strong financials are supported by solid Q4 earnings, with further growth anticipated following its second-largest acquisition. Like its name, ZEUS rules strong, ranking # 1 in the steel industry on a quant basis, as it is collectively strong on value, growth, profitability, earnings revisions, and momentum.

ZEUS Throws A Thunderbolt: A 'Strong Buy' Steel Stock

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Olympic Steel (ZEUS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Olympic Steel (ZEUS) Is a Great Choice for Value Investors

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Steel Stocks are Quietly Leading this Market: Is it Too Late to Buy?

Olympic Steel (ZEUS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Olympic Steel, Inc. (ZEUS) Hit a 52 Week High, Can the Run Continue?

Olympic Steel is set to have a strong 2023, as steel demand continues to increase. Olympic Steel is one of the largest steel service centers, which makes it have low capex requirements.

Olympic Steel: Yet Another Sizzling Steel Stock

Despite Fast-paced Momentum, Olympic Steel (ZEUS) Is Still a Bargain Stock

Olympic Steel, Inc. (NASDAQ:ZEUS ) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Rich Manson - Chief Financial Officer Rick Marabito - Chief Executive Officer Andrew Greiff - President and COO Conference Call Participants Samuel McKinney - KeyBanc Capital Markets Dave Storms - Stonegate Chris Sakai - Singular Research Operator Good morning. And welcome to the Olympic Steel 2022 Fourth Quarter and Full Year Final -- Financial Results Conference Call.

Olympic Steel, Inc. (ZEUS) Q4 2022 Earnings Call Transcript

Olympic Steel (ZEUS) delivered earnings and revenue surprises of 28.57% and 10.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Olympic Steel (ZEUS) Q4 Earnings Beat Estimates

CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2022. Fourth-Quarter Results Net income for the fourth quarter totaled $4.0 million, or $0.34 per diluted share, compared with net income of $24.9 million, or $2.16 per diluted share, in the fourth quarter of 2021. The results include $0.9 million of LIFO pre-tax income in the fourth quarter of 2022, compared with $9.

Olympic Steel Reports Fourth-Quarter and Full-Year 2022 Results

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Olympic Steel (ZEUS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Olympic Steel (ZEUS): Can Its 5.4% Jump Turn into More Strength?

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that the Company's Board of Directors approved a regular quarterly cash dividend of $0.125 per share, which is an increase of $0.035 per share from the Company's last quarterly dividend of $0.09 per share. The dividend is payable on March 15, 2023, to shareholders of record on March 1, 2023. The Company has paid a regular quarterly dividend since March 2006.

Olympic Steel Announces Increased Quarterly Cash Dividend

Olympic Steel (ZEUS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Olympic Steel (ZEUS) Is Attractively Priced Despite Fast-paced Momentum

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CLEVELAND--( BUSINESS WIRE )--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its fourth-quarter 2022 financial results after the market closes on February 23, 2023. A webcast to discuss these results will be held on Friday, February 24, 2023 at 10:00 a.m. Eastern Time.

News for Olympic Steel Stock (ZEUS)