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Monday, 04/16/2007 6:02:10 PM

Monday, April 16, 2007 6:02:10 PM

Post# of 1522
STLD $46-$44-? beats by $0.05; of $1.01 per shareCo issues guidance for Q2, sees EPS of $0.95-1.00,

Reports Q1 (Mar) earnings of $1.01 per share, $0.05 better than the Reuters Estimates consensus of $0.96; revenues rose 30.0% year/year to $866 mln vs the $859.8 mln consensus. Co issues guidance for Q2, sees EPS of $0.95-1.00, incl $0.08 expense, may not be comparabel to $1.00 consensus. Co announced the creation of a new corporate strategic planning and business development office, also headed by an executive vice president. Under the new structure, Keith E. Busse, formerly President and CEO, is appointed Chairman and CEO




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