Nucor's Q1 earnings slide but beat estimates with steel prices …

Apr 20, 2023 · Nucor said Q1 steel mill shipments to outside customers increased 12% Q/Q and 1% Y/Y to 6.44M tons, but its average sales price per ton fell 11% from Q4 2022 and 18% …

12%
OFF

Nucor's Q1 Earnings Slide But Beat Estimates With Steel Prices …

2 weeks from now

Apr 20, 2023 · Nucor said Q1 steel mill shipments to outside customers increased 12% Q/Q and 1% Y/Y to 6.44M tons, but its average sales price per ton fell 11% from Q4 2022 and 18% …

seekingalpha.com

$3.46
OFF

Nucor's (NUE) Earnings Lag, Revenues Beat Estimates In Q1

2 weeks from now

Nucor Corporation NUE reported earnings of $3.46 per share in first-quarter 2024, down from earnings of $4.45 in the year-ago quarter. The bottom line missed the Zacks Consensus …

yahoo.com

$3.46
OFF

Nucor's Q1 Earnings Fell Short, Missing Estimates

2 weeks from now

Apr 23, 2024 · Discover the key takeaways from Nucor's latest earnings, ... Leading steel manufacturer Nucor ... Estimates Q1 2023 Change (YOY) Earnings per share (EPS) $3.46: …

fool.com

$2095
OFF

Nucor's (NUE) Earnings Top Estimates In Q1 On Higher Prices

2 weeks from now

Apr 21, 2022 · Nucor Corporation (NUE Quick Quote NUE - Free Report) recorded net earnings of $2,095.6 million or $7.67 per share in first-quarter 2022, rising from net earnings of $942.4 …

zacks.com

3%
OFF

Nucor's (NUE) Earnings Lag, Revenues Beat Estimates In Q1

2 weeks from now

Apr 23, 2024 · Operating Figures. Total sales tons to outside customers for steel mills in the first quarter were 4,676,000 tons, down 3% year over year. The figure beat our estimate of …

zacks.com

$20
OFF

Nucor's (NUE) Earnings And Sales Surpass Estimates In Q1

2 weeks from now

Apr 28, 2020 · Nucor Corporation’s NUE profits declined year over year in first-quarter 2020. The steel giant logged net earnings of $20.3 million or 7 cents per share, down from $501.8 million …

nasdaq.com

$10290
OFF

Nucor's (NUE) Earnings Top Estimates In Q1 On Higher Prices

2 weeks from now

Apr 21, 2022 · The figure beat the Zacks Consensus Estimate of $10,290.1 million. The company benefited from a rally in sales prices in the quarter. Nucor Corporation Price, Consensus and …

yahoo.com

9%
OFF

Nucor's Q1 Beat Highlighted By 9% Rise In Steel Selling Price

2 weeks from now

Apr 19, 2018 · Nucor (NUE +0.2%) is little changed even after beating Q1 earnings expectations, as its average sales price per ton of steel rose 9% compared with the prior-year period, and …

seekingalpha.com

3%
OFF

Nucor Guides Q1 Earnings Below Consensus; Steel Products …

2 weeks from now

Nucor (NYSE:NUE) -1.3% after-hours Thursday as it issued Q1 guidance for net earnings of $3.55-$3.65/share, below $3.74 analyst consensus estimate and $4.45 in the year-earlier …

msn.com

50%
OFF

Nucor: Q1 Earnings, Top-Line Up 50%, EPS Up 147% (NYSE:NUE)

2 weeks from now

Apr 21, 2022 · Nucor Q1 2022 Earnings Result Discussed For Q1 2022, Nucor's revenues were up 50% YOY. Most analysts largely expected that revenues would be strong in Q1, so this …

seekingalpha.com

$2095
OFF

Nucor's (NUE) Earnings Top Estimates In Q1 On Higher Prices

2 weeks from now

Apr 21, 2022 · Nucor Corporation NUE recorded net earnings of $2,095.6 million or $7.67 per share in first-quarter 2022, rising from net earnings of $942.4 million or $3.10 per share in the …

nasdaq.com

7%
OFF

Nucor's Stock Falls After Steelmaker Issues Profit Warning, Citing ...

2 weeks from now

Sep 17, 2024 · Amid Biden's opposition and continued weakness in the steel market, U.S. Steel's stock on Monday closed 26.7% below the 13-year closing high of $49.59 seen on Dec. 13, …

morningstar.com

$3.51
OFF

Steel Dynamics Can't Buck Trend After NUE, CLF Trip Sell Signals

2 weeks from now

Apr 24, 2024 · STLD Earnings. In mid-March, Steel Dynamics gave a Q1 EPS range of $3.51 to $3.55 vs. the $3.35 consensus. Estimates: Steel Dynamics earnings were forecast to fall …

investors.com

$3.16
OFF

Nucor Warns Of Big Hit To 4Q Earnings From Lower Steel Prices

2 weeks from now

Dec 16, 2024 · The Charlotte, N.C.-based steelmaker on Monday guided for fourth-quarter earnings of 55 cents to 65 cents, significantly down from earnings of $3.16 a year earlier and …

marketwatch.com

5%
OFF

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

2 weeks from now

1 day ago · For fiscal 2024, analysts expect NUE to report an EPS of $8.19, down by a massive 54.5% from $18 in fiscal 2023.Nonetheless, in fiscal 2025, EPS is expected to grow 1.2% year …

nasdaq.com

FAQs about Nucor's Q1 earnings slide but beat estimates with steel prices … Coupon?

Why did Nucor beat estimates for quarterly earnings?

July 22 (Reuters) - Nucor Corp (NUE.N) beat estimates for quarterly earnings on Monday as increased volumes in the steel products segment partially offset the lower domestic steel prices. The steel products segment makes steel joists, decks, tubes and fasteners used in construction. ...

How did Nucor perform in Q1 2022?

Nucor ( NUE) said Q1 steel mill shipments to outside customers increased 12% Q/Q and 1% Y/Y to 6.44M tons, but its average sales price per ton fell 11% from Q4 2022 and 18% from the prior-year quarter. Overall operating rates at the company's steel mills increased to 79% in Q1 from 70% in Q4 and 77% in Q1 2022. ...

How did Nucor perform in Q1?

Nucor ( NYSE: NUE) +0.9% pre-market Thursday after easily beating expectations for Q1 earnings and saying demand for non-residential construction is strong. Q1 net income fell to $1.14B, or $4.45/share, from $2.1B, or $7.67/share, in the year-earlier quarter, but revenues fell 17% Y/Y to $8.71B. ...

Does Nucor have a competitive edge?

Its commitment to operational efficiency and the strategic implementation of technology has allowed Nucor to remain competitive. Crucial to this edge is its ability to quickly adjust to market demands while keeping production costs low. Despite missing earnings estimates, Nucor's results showed some resilience. ...

Why did Nucor lose 80% in third-quarter profit?

Charlotte, N.C.-based Nucor NUE 0.37% said Tuesday that lower demand for steel in a weakening manufacturing sector and falling sales of its steel construction materials would result in a roughly 80% decline in third-quarter profit, including one-time charges, from the same quarter last year. ...

What should investors expect from Nucor?

Investors should watch for developments in Nucor's expansion into new markets, especially its ventures in renewable energy and automotive sectors. Additionally, its commitment to sustainability and operational efficiency will be crucial in navigating the cyclicality of the steel market. ...