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Olympic Steel Reports First-Quarter 2025 Results

1. ZEUS reported Q1 2025 net income of $2.5 million, down from $8.7 million in Q1 2024. 2. No LIFO expenses reported in Q1 2025, contrasting with LIFO expenses in Q1 2024.

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$31.9905/01 04:37 PM EDTEvent Start
$34.9205/02 11:02 PM EDTLatest Updated
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FAQ

Why Bearish?

A substantial drop in net income may signal ongoing financial weaknesses. Historical trends show significant market reactions to declining earnings like this.

How important is it?

Earnings declines directly impact investor sentiment and stock price, raising considerable concern.

Why Short Term?

Immediate financial results can lead to short-term stock price reactions, evidenced by similar situations in the past.

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XSTLDCMC
CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2025. Net income for the first quarter totaled $2.5 million, or $0.21 per diluted share, compared with net income of $8.7 million, or $0.75 per diluted share, in the first quarter of 2024. There was no LIFO income or expense in the first quarter of 2025, compared with $0.4 million of LIFO expense in the first quarter of.

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