Steel Dynamics (STLD) reported Q1 earnings late Tuesday of $1.44 per diluted share, down from $3.67 a year earlier.
Three analysts polled by FactSet expected $1.38.
Revenue for the quarter ended March 31 was $4.37 billion, down from $4.69 billion a year earlier.
Analysts surveyed by FactSet expected $4.19 billion.