Nucor Corp.

NYSE:NUE   3:59:54 PM EDT
105.27
+1.88 (+1.82%)
Other Pre-Announcement

Nucor Corp Expects Q3 Earnings To Be In Range Of $6.30 To $6.40 Per Diluted Share

Published: 09/14/2022 11:48 GMT
Nucor Corp. (NUE) - Nucor Announces Guidance for the Third Quarter of 2022 Earnings.
Expects Q3 Earnings to Be in Range of $6.30 to $6.40 per Diluted Share.
Expect Steel Mills Segment Earnings to Be Considerably Lower in Q3 of 2022 As Compared to Q2 of 2022.
Steel Products Segment is Expected to Have Another Strong Quarter in Q3 of 2022.
Materials Segment Earnings Are Expected to Be Similar to Q2 of 2022.
Nucor - Sees Steel Mills Segment Earnings to Be Lower in Q3 Due to Metal Margin Contraction, Reduced Shipping Volumes Particularly at Sheet, Plate Mills.
Q3 Earnings per Share View $7.73 -- Refinitiv Ibes Data (analyst estimates).
Nucor - Q3 Raw Materials Segment Earnings Are Expected to Be Similar to Q2 of 2022 (adds Dropped Word 'raw').