NASDAQ$ZEUS
Olympic Steel Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Olympic Steel's first-quarter earnings decreased compared to the previous year, but the company remained profitable due to cost-saving measures and inventory management.
Olympic Steel reported a net income of $0.6 million, or $0.05 per diluted share, for the first quarter of 2020. Sales totaled $354 million, including a $0.5 million LIFO pre-tax income.
- Olympic Steel reported a first-quarter profit despite a challenging environment.
- The company's results benefited from reduced operating expenses and improved inventory management.
- Olympic Steel finished the quarter with improved liquidity, with approximately $112 million of availability under its asset-based revolving credit facility.
- The Board of Directors approved a regular quarterly cash dividend of $0.02 per share.
Headline financials
Revenue & EPS history
Olympic Steel · Revenue · Quarterly
$354M
Revenue by segment
Olympic Steel · $354M total across 3 segments · Q1 2020
- Carbon Flat Products$203M—57.3%
- Specialty Metals Flat Products$88.5M—25.0%
- Tubular and Pipe Products$62.9M—17.8%
Forward guidance
The company did not provide specific forward guidance in this earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 8 quarterly earnings reports
+0.2%
Avg return
Earnings day
-4.2%
Avg return
5 days after
-3.4%
Avg return
30 days after
50%
32 / 64 earnings
Positive
+45.6%
Q1 2015
Best reaction
-15.4%
Q2 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +0.0% | -1.4% | +8.5% | |
| Q2 2025 | +1.3% | -1.9% | +8.4% | |
| Q1 2025 | +9.2% | +0.4% | -7.3% | |
| Q4 2024 | +3.3% | -1.8% | -13.2% | |
| Q3 2024 | -5.0% | +2.9% | +15.9% | |
| Q2 2024 | -11.5% | -14.1% | -20.5% | |
| Q1 2024 | -9.2% | -16.2% | -17.8% | |
| Q4 2023 | +0.3% | -1.8% | -1.5% | |
| Q3 2023 | -5.2% | — | — | |
| Q2 2023 | +5.1% | — | — | |
| Q1 2023 | -1.3% | — | — | |
| Q4 2022 | +0.9% | — | — | |
| Q3 2022 | +7.8% | — | — | |
| Q2 2022 | +2.5% | — | — | |
| Q1 2022 | -7.1% | — | — | |
| Q4 2021 | +14.4% | — | — | |
| Q3 2021 | -2.8% | — | — | |
| Q2 2021 | +10.0% | — | — | |
| Q1 2021 | +7.7% | — | — | |
| Q4 2020 | -6.9% | — | — | |
| Q3 2020 | +6.5% | — | — | |
| Q2 2020 | +0.5% | — | — | |
| Q1 2020 | -0.2% | — | — | |
| Q4 2019 | +3.7% | — | — | |
| Q3 2019 | -5.9% | — | — | |
| Q2 2019 | -4.2% | — | — | |
| Q1 2019 | +10.0% | — | — | |
| Q4 2018 | -5.4% | — | — | |
| Q3 2018 | -0.2% | — | — | |
| Q2 2018 | +2.5% | — | — | |
| Q1 2018 | -4.7% | — | — | |
| Q4 2017 | -7.3% | — | — | |
| Q3 2017 | +5.1% | — | — | |
| Q2 2017 | +2.1% | — | — | |
| Q1 2017 | +19.6% | — | — | |
| Q4 2016 | -9.6% | — | — | |
| Q3 2016 | -12.2% | — | — | |
| Q2 2016 | -15.4% | — | — | |
| Q1 2016 | +11.4% | — | — | |
| Q4 2015 | +1.2% | — | — | |
| Q3 2015 | +0.3% | — | — | |
| Q2 2015 | +5.1% | — | — | |
| Q1 2015 | +45.6% | — | — | |
| Q4 2014 | +8.2% | — | — | |
| Q3 2014 | -8.4% | — | — | |
| Q2 2014 | -5.3% | — | — | |
| Q1 2014 | -3.2% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | -14.3% | — | — | |
| Q2 2013 | +10.2% | — | — | |
| Q1 2013 | +13.6% | — | — | |
| Q4 2012 | -1.1% | — | — | |
| Q3 2012 | -2.7% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2011 | -5.9% | — | — | |
| Q1 2012 | +3.7% | — | — | |
| Q4 2009 | -3.9% | — | — | |
| Q4 2011 | -3.9% | — | — | |
| Q3 2011 | +1.0% | — | — | |
| Q3 2010 | +1.0% | — | — | |
| Q2 2011 | -13.2% | — | — | |
| Q4 2010 | -13.2% | — | — | |
| Q2 2010 | -13.2% | — | — | |
| Q1 2010 | -2.4% | — | — |
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