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Olympic Steel: 1Q Earnings Snapshot

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  • ZEUS

HIGHLAND HILLS, Ohio (AP) _ Olympic Steel Inc. (ZEUS) on Thursday reported first-quarter profit of $2.1 million.

The Highland Hills, Ohio-based company said it had profit of 18 cents per share.

The steel maker posted revenue of $445.9 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $417.9 million.

Olympic Steel shares have climbed 12% since the beginning of the year. The stock has dropped 27% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZEUS at https://www.zacks.com/ap/ZEUS

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