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 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.

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Olympic Steel, Inc. (ZEUS) CEO Richard Marabito on Q2 2021 Results - Earnings Call Transcript

Olympic Steel (ZEUS) delivered earnings and revenue surprises of 41.29% and 7.68%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Olympic Steel (ZEUS) Q2 Earnings and Revenues Top Estimates

CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced record financial results for the three months ended June 30, 2021. Net income for the second quarter totaled $29.6 million, or $2.58 per diluted share, compared with a net loss of $6.5 million, or $0.56 per diluted share, in the second quarter of 2020. The results include $4.0 million of LIFO pre-tax expense in the second quarter of 2021, compared with $0.5 million of LIFO p

Olympic Steel Reports Record Second-Quarter 2021 Results

Favorable market conditions, robust end-user demand and higher metal prices are expected to have aided Olympic Steel's (ZEUS) Q2 performance.

Olympic Steel (ZEUS) to Post Q2 Earnings: What's in the Offing?

Steel stocks have had an outstanding year, and some could be poised for an even bigger summer , while others have offered up intriguing entry points.

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CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its second-quarter 2021 financial results after the market closes on August 5, 2021. A webcast to discuss these results will be held on Friday, August 6, 2021 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 Office

Webcast Alert: Olympic Steel to Announce Second-Quarter 2021 Financial Results After Market Closes on August 5, 2021

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Has Olympic Steel (ZEUS) Outpaced Other Basic Materials Stocks This Year?

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Olympic Steel (ZEUS) closed at $28.74 in the latest trading session, marking a +0.6% move from the prior day.

Olympic Steel (ZEUS) Outpaces Stock Market Gains: What You Should Know

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4 Top Stocks to Gain as Demand for Steel Bounces Back

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that it has amended and extended the maturity of its existing $475 million, five-year asset-based revolving credit facility through June 16, 2026. The revolving credit facility is secured primarily by the accounts receivable, inventory and property and equipment of the Company, excluding real estate. The facility includes an increase option of up to $200 million. Additionally

Olympic Steel Announces Completion of Amendment and Extension of Credit Facility

Does Olympic Steel (ZEUS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Olympic Steel (ZEUS) Is Up 1.74% in One Week: What You Should Know

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

Earnings Estimates Rising for Olympic Steel (ZEUS): Will It Gain?

Olympic Steel (ZEUS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Olympic Steel (ZEUS) Soars 8.8%: Is Further Upside Left in the Stock?

Olympic Steel's (ZEUS) CEO Rick Marabito on Q1 2021 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, 2021. Net income for the first quarter totaled $22.0 million, or $1.91 per diluted share, compared with net income of $0.6 million, or $0.05 per diluted share, in the first quarter of 2020. The results include $1.0 million of LIFO pre-tax expense in the first quarter of 2021, compared with $0.5 million of LIFO pre-tax in

Olympic Steel Reports First-Quarter 2021 Results

In the latest trading session, Olympic Steel (ZEUS) closed at $32.51, marking a -5.49% move from the previous day.

Olympic Steel (ZEUS) Stock Sinks As Market Gains: What You Should Know

Olympic Steel (ZEUS) is likely to have benefited from strong end-market demand and higher metal prices in Q1.

Olympic Steel (ZEUS) to Post Q1 Earnings: What's in the Cards?

Olympic Steel (ZEUS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Olympic Steel (ZEUS) Soars 17.9%: Is Further Upside Left in the Stock?

Olympic Steel (ZEUS) closed the most recent trading day at $29.05, moving -0.58% from the previous trading session.

Olympic Steel (ZEUS) Stock Moves -0.58%: What You Should Know

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Is Olympic Steel (ZEUS) a Great Value Stock Right Now?

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