Nucor (NUE) came out with quarterly earnings of $3.16 per share, beating the Zacks Consensus Estimate of $2.83 per share. This compares to earnings of $4.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.66%. A quarter ago, it was expected that this steel company would post earnings of $4.26 per share when it actually produced earnings of $4.57, delivering a surprise of 7.28%.Over the last four quarters, the company has su ...

Fourth quarter and full year 2023 diluted EPS of $3.16 and $18.00, respectively. Fourth quarter and full year 2023 net earnings before noncontrolling interests of $872.8 million and $4.91 billion, respectively; EBITDA of $1.36 billion and $7.41 billion, respectively. 2024 expected to be another strong year as Nucor executes its strategy to grow the core and expand its portfolio of solutions. Capital deployment expected to increase in 2024 with planned capital expenditures of $3.5 billion, continued evaluat ...

Nucor (NUE) closed the latest trading day at $174.70, indicating a +1.2% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.53%. Elsewhere, the Dow saw an upswing of 0.64%, while the tech-heavy Nasdaq appreciated by 0.19%.The steel company's shares have seen a decrease of 2.95% over the last month, surpassing the Basic Materials sector's loss of 7.42% and falling behind the S&P 500's gain of 2.48%.The upcoming earnings release of Nucor will be of g ...

Nucor Corporation (NUE) is set to release fourth-quarter 2023 results after the closing bell on Jan 29.The U.S. steel giant surpassed the Zacks Consensus Estimate in each of the trailing four quarters. It has a trailing four-quarter earnings surprise of 11.3%, on average. It posted an earnings surprise of 7.3% in the last reported quarter. Lower earnings across the company’s segments and weaker selling prices are likely to have impacted its fourth-quarter results.Nucor’s shares are up 1.7% over a year, comp ...

Wall Street analysts forecast that Nucor (NUE) will report quarterly earnings of $2.83 per share in its upcoming release, pointing to a year-over-year decline of 42.1%. It is anticipated that revenues will amount to $7.56 billion, exhibiting a decline of 13.3% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 2.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their i ...

The market expects Nucor (NUE) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Jan ...

Nucor (NUE) closed at $166.79 in the latest trading session, marking a +0.23% move from the prior day. This move lagged the S&P 500's daily gain of 1.23%. Elsewhere, the Dow saw an upswing of 1.06%, while the tech-heavy Nasdaq appreciated by 1.7%.Heading into today, shares of the steel company had lost 5.79% over the past month, outpacing the Basic Materials sector's loss of 6.13% and lagging the S&P 500's gain of 0.94% in that time.Investors will be eagerly watching for the performance of Nucor in its upco ...

Nucor (NUE) closed the most recent trading day at $169.05, moving -1.02% from the previous trading session. This change lagged the S&P 500's daily loss of 0.56%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.59%.Shares of the steel company have depreciated by 3.97% over the course of the past month, outperforming the Basic Materials sector's loss of 4.65% and lagging the S&P 500's gain of 1.2%.The upcoming earnings release of Nucor will be of great interest to inv ...

CHARLOTTE, N.C., Jan. 16, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) fourth quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the fourth quarter ended December 31, 2023, followed by a question-and-answer session. The event will be available on the internet on January 30, 2024, at 10:00 a.m. Eastern Time.    What:      ...

Nucor (NUE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this steel company have returned -2.3%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Steel - Producers industry, which Nucor falls in, has gained 3%. The key question now is: What could be the stock's future direction?Although media reports or rumors about ...