Recap: Olympic Steel Q1 Earnings

Olympic Steel (NASDAQ:ZEUS) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

Olympic Steel beat estimated earnings by 61.97%, reporting an EPS of $1.15 versus an estimate of $0.71.

Revenue was down $123.26 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 1.33% increase in the share price the next day.

Here's a look at Olympic Steel's past performance:

To track all earnings releases for Olympic Steel visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.