Olympic Steel (ZEUS) Set to Announce Earnings on Thursday

Olympic Steel (NASDAQ:ZEUS) will post its quarterly earnings results after the market closes on Thursday, August 1st. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Olympic Steel (NASDAQ:ZEUS) last announced its quarterly earnings results on Thursday, May 2nd. The basic materials company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.73 by $0.04. The company had revenue of $526.64 million for the quarter, compared to analyst estimates of $550.80 million. Olympic Steel had a net margin of 2.05% and a return on equity of 6.39%.

Olympic Steel Stock Performance

Shares of Olympic Steel stock opened at $49.72 on Wednesday. The firm has a market capitalization of $553.38 million, a P/E ratio of 13.26 and a beta of 1.52. Olympic Steel has a 52 week low of $40.39 and a 52 week high of $73.49. The company has a quick ratio of 1.21, a current ratio of 3.28 and a debt-to-equity ratio of 0.35. The firm’s 50 day moving average is $47.53 and its two-hundred day moving average is $59.25.

About Olympic Steel

Olympic Steel, Inc processes, distributes, and stores metal products primarily in the United States, Canada, and Mexico. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The company offers stainless steel and aluminum coil and sheet products, angles, rounds, and flat bars; alloy, heat treated, and abrasion resistant coils, sheets and plates; coated metals, including galvanized, galvannealed, electro galvanized, advanced high strength steels, aluminized, and automotive grades of steel; commercial quality, advanced high strength steel, drawing steel, and automotive grades cold rolled steel coil and sheet products; hot rolled carbon comprising hot rolled coil, pickled and oiled sheet and plate steel products, automotive grades, advanced high strength steels, and high strength low alloys; tube, pipe, and bar products, including round, square, and rectangular mechanical and structural tubing; hydraulic and stainless tubing; boiler tubing; carbon, stainless, and aluminum pipes; valves and fittings; and tin mill products, such as electrolytic tinplate, electrolytic chromium coated steel, and black plates.