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Nucor Chair, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk quarterly results, growth over the past years, what's ahead and more.
Earnings in Nucor's (NUE) steel mills unit increase sequentially in Q1 on higher average selling prices and increased volumes.
Shares in Nucor (NUE) slumped more than 6% ahead of the opening bell Tuesday after the steel producer missed Wall Street's quarterly estimates and issued a weaker-than-expected current-quarter outlook amid lower selling prices.
While the top- and bottom-line numbers for Nucor (NUE) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Nucor (NUE) came out with quarterly earnings of $3.46 per share, missing the Zacks Consensus Estimate of $3.62 per share. This compares to earnings of $4.45 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Nucor (NUE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
The latest trading day saw Nucor (NUE) settling at $192.11, representing a -0.98% change from its previous close.
Nucor (NUE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Nucor (NUE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nucor's (NUE) acquisition of SWDP positions it as a key supplier in the data center infrastructure market, complementing its broader strategy of diversification into steel-centric ventures.