Nucor (NUE) closed the most recent trading day at $189.99, moving +1.79% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.04%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.28%.The steel company's stock has climbed by 6.84% in the past month, exceeding the Basic Materials sector's gain of 1.21% and the S&P 500's gain of 5.01%.Market participants will be closely following the financial results of Nu ...

CHARLOTTE, N.C., Feb. 21, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the company's Board of Directors approved $860 million to construct a 650,000-tons-per-year rebar micro mill in the Pacific Northwest. This will be Nucor's fourth and largest rebar micro mill, with approximately 50 percent more production capacity than the mill currently under construction in North Carolina. Nucor continues to evaluate potential locations, and the project is expected to take two years to constr ...

CHARLOTTE, N.C., Feb. 20, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock.  This cash dividend is payable on May 10, 2024 to stockholders of record on March 28, 2024 and is Nucor's 204th consecutive quarterly cash dividend. About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced i ...

Nucor (NUE) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this steel company have returned +7.9%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Steel - Producers industry, which Nucor falls in, has lost 2.7%. The key question now is: What could be the stock's future direction?Although media reports or rumor ...

“Steel represents the triumph of human ingenuity.” - UnknownThe steel industry is often heralded as the backbone of modern society. Its history is shrouded in mystery, with origins dating back over 4,000 years. A durable companion to humanity over time, steel has helped shape industries through vast periods of innovation.The landscape of the steel industry continues to evolve at a rapid pace. Select winners have emerged that were able to adapt to the broader economic and societal changes; these stocks are t ...

Nucor Corporation (NUE) reported earnings of $3.16 per share in fourth-quarter 2023, down from earnings of $4.89 in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of $2.83.The company recorded net sales of $7,704.5 million, down around 11.7% year over year. The figure topped the Zacks Consensus Estimate of $7,563.8 million.Earnings declined in the fourth quarter primarily due to lower prices. Operating FiguresTotal sales tons to outside customers for steel mills in the fourth quar ...

Nucor Corporation (NYSE:NUE) Q4 2023 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Jack Sullivan - General Manager and Investor Relations Leon Topalian - Chair, President and Chief Executive Officer Steve Laxton - Executive Vice President and Chief Financial Officer Dave Sumoski - Chief Operating Officer Al Behr - Executive Vice President, Plate and Structural Products Brad Ford - Executive Vice President, Fabricated Construction Products Noah Hanners - Executive Vice President, ...

FOURTH QUARTER AND YEAR-END 2023 EARNINGS CALL LEON TOPALIAN Chair, President and CEO STEVE LAXTON Executive Vice President and CFO FORWARD-LOOKING STATEMENTS Certain statements made in this presentation may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. The words “anticipate,” “believe,” ...

智通财经APP获悉，周二，美股钢铁板块涨跌不一，截至发稿，克里夫斯天然资源公司(CLF.US)涨超2%，纽柯钢铁(NUE.US)涨超3.6%，特尔尼翁钢铁(TX.US)跌0.71%，美国钢铁(X.US)跌0.23%。 消息面上，纽柯钢铁四季度营收为77亿美元，超过了FactSet调查的分析师预期的76.3亿美元。季度利润为7.854亿美元，合每股3.16美元，而去年同期为12.6亿美元，合每股4.89美元。FactSet调查的分析师预计每股收益为2.83美元。瑞银集团给予纽柯钢铁“买入”评级，目标价为210美元。 ...

Nucor (NUE) reported $7.7 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 11.7%. EPS of $3.16 for the same period compares to $4.89 a year ago.The reported revenue represents a surprise of +1.86% over the Zacks Consensus Estimate of $7.56 billion. With the consensus EPS estimate being $2.83, the EPS surprise was +11.66%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...