Olympic Steel (ZEUS) Posts Q2 EPS of $0.30, Short of Views; Declares $0.02 Quarterly Dividend; 0.3% Yield

Olympic Steel, Inc. (Nasdaq: ZEUS) reports Q2 EPS of $0.30, versus the analyst estimate of $0.46. Revenue for the quarter was $212.8 million, which compares to the estimate of $200.55 million. Olympic Steel's Board of Directors approved a regular quarterly cash dividend of $0.02 per share, $0.08 annualized. The dividend is to be paid to shareholders of record as of September 1, 2010, and distributed on September 15, 2010. The ex-dividend date is September 13, 2010. Yield on the dividend is 0.3%.... Read more

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