Nucor Shares Fall After Worse-Than-Expected Q1 Results

Apr 22, 2024 · Nucor reported quarterly earnings of $3.46 per share which missed the analyst consensus estimate of $3.65 by 5.21% and represents a 22.25% decrease from earnings of …

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Nucor Shares Fall After Worse-Than-Expected Q1 Results

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Apr 22, 2024 · Nucor reported quarterly earnings of $3.46 per share which missed the analyst consensus estimate of $3.65 by 5.21% and represents a 22.25% decrease from earnings of …

benzinga.com

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NUE - Nucor Shares Fall After Worse-Than-Expected Q1...

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Nucor Corporation (NYSE:NUE) reported its first-quarter financial results after the bell Monday.Here's a look at the details.. The Details: Nucor reported quarterly earnings of $3.46 …

marketwirenews.com

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Why Is Nucor (NUE) Down 1.4% Since Last Earnings Report?

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Nucor's Earnings Lag, Revenues Beat Estimates in Q1 Nucor reported earnings of $3.46 per share in first-quarter 2024, down from earnings of $4.45 in the year-ago quarter. The bottom …

yahoo.com

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Nucor's Q1 Earnings Fell Short, Missing Estimates

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Apr 23, 2024 · Leading steel manufacturer Nucor (NUE 0.85%) fell short of analyst expectations on several important metrics, according to data released in the company's first-quarter 2024 …

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Nucor Stock Drops As Lower Selling Prices Weigh On Steelmaker's …

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Apr 23, 2024 · Nucor shares moved more than 6% lower in premarket trading Tuesday after the steel producer missed analysts' Q1 estimates and forecast a sequential decline in current …

investopedia.com

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Nucor Shares Fall After Worse-Than-Expected Q1 Results - Nucor …

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Apr 24, 2024 · Nucor Corporation NUE reported its first-quarter financial results after the bell Monday. Here's a look at the details. The Details:Nucor reported quarterly earnings of $3.46 …

wikistock.com

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Is This The Beginning Of The End For Nucor? - Nasdaq

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Apr 28, 2023 · Nucor by the numbers. Nucor's Q1 2023 numbers were both worse than expected and better than feared. On the "worse" side of the equation, quarterly sales came in at $8.7 …

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Nucor Corp. Announces Fall In Q1 Bottom Line, But Beats Estimates

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Apr 20, 2023 · (RTTNews) - Nucor Corp. (NUE) reported a profit for first quarter that decreased from last year but beat the Street estimates. The company's earnings came in at $1.14 billion, …

nasdaq.com

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Nucor Shares Fall After Worse-Than-Expected Q1 Results

2 weeks from now

Nucor reported quarterly earnings of $3.46 per share which missed the analyst consensus estimate of $3.65 by 5.21% and represents a 22.25% decrease from earnings of $4.45 per …

sparknewswire.com

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Nucor Shares Fall 6% After-Market Amid Worse-Than-Expected …

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NucorCorporation (NYSE:NUE) reported its first-quarter financial results after the bell Monday. Here's a look at the details. The Details: Nucor reported quarterly earnings of $3.46 per share …

moomoo.com

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Nucor Shares Fall After Worse-Than-Expected Q1 Results

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Apr 22, 2024 · Nucor Corporation NUE reported its first-quarter financial results after the bell Monday. Here's a look at the details.. The Details: Nucor reported quarterly earnings of $3.46 …

tradingview.com

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Nucor Foresees Significant Jump In First-Quarter Profits

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Jan 28, 2021 · Shares of Nucor (NUE-1.45%) dropped after the steelmaker announced its fourth-quarter ... The good news is that the trend is expected to continue, and perhaps even get …

fool.com

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Nucor's Stock Down 22% In 6 Months: Should You Buy The Dip?

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Aug 29, 2024 · Nucor Corporation’s NUE shares have lost 22.4% in the past six months, underperforming the Zacks Steel Producers industry’s decline of 17.2%. The bearishness is …

yahoo.com

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Could The Market Be Wrong About Nucor Corporation …

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2 days ago · It is hard to get excited after looking at Nucor's (NYSE:NUE) recent performance, when its stock has declined 22% over the past three months. However, a closer look at its …

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Here's What To Expect From Nucor's Next Earnings Report

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1 day ago · Shares of NUE dipped 6.5% following its Q3 earnings release on Oct. 21, despite delivering better-than-expected Q3 adjusted earnings of $1.49 per share and revenues of $7.4 …

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FAQs about Nucor Shares Fall After Worse-Than-Expected Q1 Results Coupon?

How did Nucor perform despite missing earnings estimates?

Despite missing earnings estimates, Nucor's results showed some resilience. Its operational rate at steel mills improved, indicating better efficiency. A 52% increase in pre-operating costs (investments in additional plants) shows Nucor's commitment to future growth despite creating short-term profitability impacts. ...

Will Nucor's earnings decline in the second quarter of 2024?

Nucor anticipates a decline in earnings in the second quarter of 2024 compared with the prior quarter. The expected downside can be attributed to lower earnings in the steel mills segment, mainly due to reduced average selling prices partly offset by slightly higher volumes. ...

How did Nucor (Nue) perform in the first quarter of 2024?

On April 22, 2024, Nucor Corp ( NYSE:NUE ), a leader in the steel production industry, disclosed its financial results for the first quarter of 2024 through its 8-K filing. The company reported consolidated net earnings of $844.8 million, or $3.46 per diluted share, falling short of the analyst's EPS estimate of $3.66. ...

Is Nucor a good stock to buy despite a bleak earnings trajectory?

Despite the downside in its share price, Nucor is currently trading at a forward 12-month earnings multiple of 13.16X, a roughly 45.7% premium to the peer group average of 9.03X, and higher than its five-year median. The market appears to have priced its shares higher despite the bleak earnings trajectory. ...

How strong are Nucor's results despite a decline in earnings?

Commenting on the results, Nucor CEO Leon Topalian called the results "very strong" despite the earnings decline, and explained the rise in steel shipments as "driven by...increased demand for steel at our mills." ...

Why did Nucor lower its Q3 earnings guidance?

Leading steel producer Nucor ( NYSE: NUE) recently warned of accelerated market headwinds that lead to lower shipment volumes and considerable contraction in metal margins in the third quarter of fiscal Q3. These setbacks forced the company to lower its earnings guidance for the quarter. ...