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Olympic Steel Reports Second-Quarter 2025 Results

1. ZEUS reported a net income drop from $7.7M to $5.2M YoY. 2. LIFO accounting affects earnings with notable pre-tax implications.

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$31.107/31 04:49 PM EDTEvent Start
$31.4908/01 11:10 PM EDTLatest Updated
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FAQ

Why Bearish?

The decrease in net income represents a concerning trend for investors, as ZEUS's profitability has declined significantly year-over-year. Historical patterns for similar companies indicate that declines in earnings can lead to reduced investor confidence and stock price decreases.

How important is it?

The reported earnings are likely to influence investor perception and stock price in the immediate future due to decreased profitability, highlighting the company's current financial health.

Why Short Term?

Earnings reports typically have an immediate effect on stock prices. Given the negative income statement, market reactions may be felt quickly as investors respond to the news.

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MTSTLDNUE
CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended June 30, 2025. Net income for the second quarter totaled $5.2 million, or $0.45 per diluted share, compared with net income of $7.7 million, or $0.66 per diluted share, in the second quarter of 2024. The results include $0.8 million of LIFO pre-tax expense in the second quarter of 2025 and $1.0 million of LIFO pre-tax income in th.

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