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The company did not change its guidance for first quarter adjusted earnings before interest, depreciation and amortization (EBITDA) of approximately $540 million, which excludes impacts related to acquiring the remaining stake in Big River Steel.
However, it recalculated its guidance for first quarter adjusted net earnings to approximately $265 million and its adjusted diluted earnings per share to approximately $1.02.
On March 12, the company said its guidance for first quarter adjusted net income was approximately $160 million and adjusted diluted earnings per share was approximately $0.61.
