NEW YORK (TheStreet) -- Shares of Steel Dynamics are down 6.05% to $16.63 today after the company reported 2014 fourth quarter results that missed analysts' expectations. The Fort Wayne, IN-based company reported reported a fourth-quarter loss of $45 million, or a loss of 19 cents a share on revenue of $2.52 billion, below earnings estimates of 42 cents. Seasonal trends and elevated steel imports negatively impacted shipments across the company's operating platforms, the company said, adding the average product selling price for the company's steel operations decreased $34 to $806 per ton. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Additionally, the company reported annual 2014 net income of 67 cents per diluted share on revenue of $8.76 billion. Excluding charges related to fixed asset impairment, purchase accounting, acquisition-related expenses, and lower of cost or market adjustments, the company had adjusted net income of $323 million, or $1.35 per diluted share. "As we enter 2015, we remain optimistic that the broader U.S. economy will continue to improve," CEO Mark Millett said. "However, we are facing a challenging first quarter. The instability of global growth and continued decline in global oil prices weigh on general sentiment," he added. STLD data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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