ASX:BSLMetals and Mining
A Look at BlueScope Steel (ASX:BSL) Valuation After Earnings Forecast Disappoints and Costs Rise
BlueScope Steel (ASX:BSL) shares dropped after management told investors to expect first-half underlying earnings near the lower end of earlier guidance. The company cited increased costs and softer pricing in its key markets.
See our latest analysis for BlueScope Steel.
Despite today’s sharp move, BlueScope Steel’s 1-day share price return of 2.3% only partially offsets recent volatility, as the stock still remains down over the past three months. Looking long-term, total shareholder returns...