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United States

Olympic Steel Inc (ZEUS.OQ)

ZEUS.OQ on NASDAQ Stock Exchange Global Select Market

23.36USD
15 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Olympic Steel Acquires Berlin Metals
Monday, 2 Apr 2018 04:47pm EDT 

April 2 (Reuters) - Olympic Steel Inc ::OLYMPIC STEEL ACQUIRES BERLIN METALS.TERMS IN ALL-CASH DEAL WERE NOT DISCLOSED.DEAL EXPECTED TO BE ACCRETIVE TO 2018 EARNINGS.BERLIN METALS WILL CONTINUE TO OPERATE UNDER ITS BRAND AND MANAGEMENT TEAM.BUSINESS WILL BE INCLUDED IN OLYMPIC STEEL'S SPECIALTY METALS FLAT PRODUCTS REPORTING SEGMENT.  Full Article

Olympic Steel Reports Q4 Gaap Earnings Per Share $0.37
Friday, 2 Mar 2018 06:05am EST 

March 2 (Reuters) - Olympic Steel Inc ::OLYMPIC STEEL REPORTS IMPROVED 2017 FULL-YEAR AND FOURTH-QUARTER RESULTS.Q4 GAAP EARNINGS PER SHARE $0.37.Q4 ADJUSTED LOSS PER SHARE $0.04.Q4 SALES ROSE 21 PERCENT TO $308 MILLION.  Full Article

Olympic Steel Increases And Extends Asset Based Credit Agreement To Support Future Growth
Wednesday, 13 Dec 2017 07:30am EST 

Dec 13 (Reuters) - Olympic Steel Inc ::OLYMPIC STEEL INCREASES AND EXTENDS ASSET BASED CREDIT AGREEMENT TO SUPPORT FUTURE GROWTH.OLYMPIC STEEL INC - ‍LOAN AGREEMENT INCREASED TO $400 MILLION; TERM EXTENDED TO 2022​.OLYMPIC STEEL INC - ‍ENTERED INTO AN AMENDED AND RESTATED FIVE-YEAR LOAN AND CREDIT AGREEMENT​.OLYMPIC STEEL INC - NEW CREDIT AGREEMENT ALLOWS FOR LENDERS TO INCREASE COMMITMENTS UP TO A TOTAL OF $600 MILLION, SUBJECT TO CERTAIN CONDITIONS.OLYMPIC STEEL INC - AMENDED AND RESTATED FACILITY INCREASES SIZE OF CREDIT FACILITY FROM $365 MILLION TO $400 MILLION​.OLYMPIC STEEL INC - AMENDED AND RESTATED FACILITY EXTENDS MATURITY TO DEC 8, 2022.  Full Article

Olympic Steel Q3 earnings per share $0.20
Wednesday, 8 Nov 2017 06:00am EST 

Nov 8 (Reuters) - Olympic Steel Inc -:Olympic Steel reports significantly improved third-quarter results.Q3 earnings per share $0.20.Q3 sales rose 24 percent to $331.4 million.Olympic Steel Inc qtrly increase in net sales was due to sharply higher shipping volume and higher average selling prices​.  Full Article

Olympic Steel reports Q2 EPS $0.42
Thursday, 3 Aug 2017 06:10am EDT 

Aug 3 (Reuters) - Olympic Steel Inc :Olympic Steel reports 35 pct growth in 2017 second-quarter net income.Q2 earnings per share $0.42.Q2 sales rose 30 percent to $356.2 million.Q2 net income was reduced by $0.03 per diluted share related to net loss generated by Siler City, North Carolina facility​.‍Net income in Q2 also negatively impacted by $0.4 million, or $0.02 per diluted share, of LIFO expense recorded in quarter​.  Full Article

Olympic Steel reports Q4 loss per share $0.19
Thursday, 2 Mar 2017 05:45am EST 

Olympic Steel Inc : Olympic steel reports 2016 fourth-quarter and full-year results . Q4 loss per share $0.19 . Q4 sales rose 7.3 percent to $254.9 million . Q4 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S . Olympic Steel Inc - "pricing, demand and customer sentiment all improved as quarter progressed" .Olympic Steel Inc - "positive industry trends that began in last year's q4 have continued in Q1 of 2017".  Full Article

Olympic Steel reports Q2 earnings per share $0.32
Tuesday, 2 Aug 2016 06:00am EDT 

Olympic Steel Inc : Q2 earnings per share $0.32 . Q2 earnings per share view $0.39 -- Thomson Reuters I/B/E/S . Q2 sales $273.6 million versus $315.3 million . Olympic Steel says in response to market conditions, reduced operating expenses, accelerated inventory turnover and paid down debt .Says "Domestic steel production remains controlled and import volumes have come down from record highs, supporting higher prices".  Full Article

Man Group reports 5.02 pct passive stake in Olympic Steel
Wednesday, 20 Jul 2016 04:08pm EDT 

Olympic Steel Inc :Man Group Plc reports 5.02 percent passive stake in Olympic Steel Inc as of July 13 - SEC filing.  Full Article

BRIEF-Olympic Steel Reports Q1 Adjusted EPS $0.70

* OLYMPIC STEEL INC Q1 ADJUSTED SHR $0.70 Source text for Eikon: Further company coverage: