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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Commercial Metals

TimkenSteel

Ternium

Strong demand across major end markets and still-elevated steel prices should enable the Zacks Steel Producers industry to thrive. TX, CMC, TMST and ZEUS are set to gain from favorable industry fundamentals.

4 Steel Producer Stocks to Ride the Solid Demand Trends

ArcelorMittal

Nucor

Steel Dynamics

United States Steel

While steel prices have witnessed a downward correction, buoyant profit guidance from some major U.S. steel makers has raised optimism about a strong second quarter for the industry.

U.S. Steelmakers Paint Bullish Q2 Outlook Despite Cooling Prices

There is very strong demand ahead for steel producers, so this could be a good time to accumulate some shares.

5 Steel Stocks to Tap Underlying Strength

Acacia Research

Beazer Homes USA

Citigroup

Centennial Resource Development

Jackson Financial

New York Community Bancorp

With these seven value stocks to buy, there are catalysts that could help bridge the gap between book value and trading price. The post 7 Value Stocks to Buy Priced at Less Than Their Book Value appeared first on InvestorPlace.

7 Value Stocks to Buy Priced at Less Than Their Book Value

Olympic Steel (ZEUS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Olympic Steel (ZEUS) Might be Well Poised for a Surge

Crude steel production from China slipped 5.2% year over year to 92.8 Mt in April, hit by stringent lockdowns as the country is battling its worst Covid outbreak since the start of the pandemic.

Global Steel April Output Dips as Covid Restrictions Hit China

Avnet

LyondellBasell Industries

Northrim BanCorp

First Financial

These six value stocks have low P/E's, low price-to-book-value ratios, and good earnings and dividend yields going forward. The post 6 Value Stocks That Are Too Cheap to Be Ignored appeared first on InvestorPlace.

6 Value Stocks That Are Too Cheap to Be Ignored

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the release of its 2021 Corporate Responsibility Report, highlighting the Company's environmental stewardship, social engagement, governance transparency and accountability efforts. “Olympic Steel's Core Values guide our approach to work and commitment to the communities in which we operate,” said Richard T. Marabito, Chief Executive Officer. “Our 2021 Corporate Responsibilit

Olympic Steel Publishes Corporate Responsibility Report

Olympic Steel, Inc. (NASDAQ:ZEUS ) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Rich Manson - Chief Financial Officer Rick Marabito - Chief Executive Officer Andrew Greiff - President & Chief Operating Officer Conference Call Participants Marco Rodriguez - Stonegate Capital Markets Phil Gibbs - KeyBanc Capital Markets Chris Sakai - Singular Research Operator Good morning and welcome to the Olympic Steel 2022 First Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Olympic Steel, Inc. (ZEUS) CEO Rick Marabito on Q1 2022 Results - Earnings Call Transcript

CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2022. Net income for the first quarter totaled $37.3 million, or $3.23 per diluted share, compared with net income of $22.0 million, or $1.91 per diluted share, in the first quarter of 2021. The results include no LIFO adjustment in the first quarter of 2022, compared with $1.0 million of LIFO expense in the same period

Olympic Steel Reports First-Quarter 2022 Results

Boise Cascade

Cross Country Healthcare

Revolve

Watsco

Use the DuPont technique to pick solid profit-generating stocks.

5 DuPont-Tested Winning Stocks to Buy Now

Can Olympic Steel (ZEUS) Run Higher on Rising Earnings Estimates?

Olympic Steel (ZEUS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Olympic Steel (ZEUS): Strong Industry, Solid Earnings Estimate Revisions

Enservco

Freeport-McMoRan

Indonesia Energy Corp Ltd

Cameco

Minerals Technologies

Commodities might have seemed like an odd investment choice at one point, but they're worth keeping a close eye on. Here are a few to watch.

5 Moonshots for the Next Commodities Supercycle

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.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Olympic Steel (ZEUS)

CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2022 financial results after the market closes on May 5, 2022. A webcast to discuss these results will be held on Friday, May 6, 2022 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. To a

Webcast Alert: Olympic Steel to Announce First-Quarter 2022 Financial Results After Market Closes on May 5, 2022

Is it a good or bad thing when a stock experiences a golden cross technical event?

Should You Buy Olympic Steel (ZEUS) After Golden Cross?

Crude steel production from China fell for the eighth straight month in February on government's measures to curb production to reduce pollution during the Winter Olympics.

Global Steel February Output Drops as Winter Curbs Hit China

Apple

Diamondback Energy

Encore Wire

The Nasdaq Stock Market has a reputation as a home for up-and-comers.

Apple, Diamondback and 3 Other Nasdaq Stocks I Like

Gerdau

The prospects of an upswing in steel prices augur well for the steel industry which has lost some momentum after having a banner year in 2021. NUE, ZEUS, TMST, CMC and GGB are worth betting on right now.

Steel Prices Set for Upturn on War-Led Supply Crunch: 5 Top Picks

Olympic Steel, Inc. (ZEUS) CEO Richard Marabito on Q4 2021 Results - Earnings Call Transcript

Olympic Steel (ZEUS) delivered earnings and revenue surprises of 28.57% and 3.15%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Olympic Steel (ZEUS) Q4 Earnings and Revenues Top Estimates

CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced record results for the three and 12 months ended December 31, 2021. Fourth-Quarter Results Net income for the fourth quarter totaled $24.9 million, or $2.16 per diluted share, compared with net income of $1.8 million, or $0.16 per diluted share, in the fourth quarter of 2020. The results include $9.9 million of LIFO pre-tax expense in the fourth quarter of 2021, compared wit

Olympic Steel Reports Fourth-Quarter and Full-Year 2021 Results

Olympic Steel Inc. ZEUS, +0.25% said on Friday that it boosted its dividend by more than four-fold, following a year of "record profitability" in 2021. The steel maker's stock was still inactive in the premarket.

Olympic Steel boosts dividend by more than 4 times to lift yield above that of the S&P 500

Olympic Steel (ZEUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Olympic Steel Stock (ZEUS)