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Olympic Steel: 4Q Earnings Snapshot

HIGHLAND HILLS, Ohio (AP) _ Olympic Steel Inc. (ZEUS) on Friday reported a fourth-quarter loss of $1.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Highland Hills, Ohio-based company said it had a loss of 11 cents. Earnings, adjusted for non-recurring costs, came to 14 cents per share.

The steel maker posted revenue of $429.6 million in the period.

For the year, the company reported profit of $33.8 million, or $2.95 per share. Revenue was reported as $1.72 billion.

Olympic Steel shares have climbed 39 percent since the beginning of the year. The stock has declined 17 percent 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