Olympic Steel Reports Second-Quarter 2020 Results

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Olympic Steel (ZEUS) Tops Q2 EPS by 2c, Revenues Miss

August 6, 2020 6:33 AM EDT

Olympic Steel (NASDAQ: ZEUS) reported Q2 EPS of ($0.38), $0.02 better than the analyst estimate of ($0.40). Revenue for the quarter came in at $248.3 million versus the consensus estimate of $362.03 million.

I want to thank the Olympic Steel team for their resilience and flexibility in the face of the unprecedented business conditions created by the COVID-19 pandemic. Together, we have reinforced our commitment to a safe work environment,... More