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Lowest Projected Earnings Growth in the Steel Industry Detected in Shares of Worthington Industries (WOR, STLD, SUTR, MTL, ZEUS)
[April 17, 2012]

Lowest Projected Earnings Growth in the Steel Industry Detected in Shares of Worthington Industries (WOR, STLD, SUTR, MTL, ZEUS)


Apr 17, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Steel industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.Worthington Industries ranks lowest with a projected earnings growth of 1.8%. Steel Dynamics is next with a projected earnings growth of 8.5%. Sutor Technology Group ranks third lowest with a projected earnings growth of 8.8%.



Mechel follows with a projected earnings growth of 11.0%, and Olympic Steel rounds out the bottom five with a projected earnings growth of 14.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Olympic Steel on February 23rd, 2012 by issuing a Downtrend alert when the shares were trading at $23.91. Since that call, shares of Olympic Steel have fallen 7.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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