AP NEWS

Olympic Steel: 4Q Earnings Snapshot

February 15, 2019

HIGHLAND HILLS, Ohio (AP) _ Olympic Steel Inc. (ZEUS) on Friday reported a fourth-quarter loss of $1.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Highland Hills, Ohio-based company said it had a loss of 11 cents. Earnings, adjusted for non-recurring costs, came to 14 cents per share.

The steel maker posted revenue of $429.6 million in the period.

For the year, the company reported profit of $33.8 million, or $2.95 per share. Revenue was reported as $1.72 billion.

Olympic Steel shares have climbed 39 percent since the beginning of the year. The stock has declined 17 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZEUS at https://www.zacks.com/ap/ZEUS