A month has gone by since the last earnings report for Nucor (NUE) . Shares have lost about 0.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Nucor due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Nucor's Earnings and Revenues Surpass Estimates in Q3, Decline ...

The market is roaring to all-time highs, but there are still some stocks that are lagging behind, like Nucor and UPS.Investors often shift from extreme to extreme, placing massive price tags on some investments and diminutive valuations on others. Right now the S&P 500 is lurching to new all-time highs. But some industry leaders are lagging behind, with giants like United Parcel Service (UPS -0.78%) and Nucor (NUE -3.82%) both roughly 20% below their 52-week peaks.Here's why you might want to take a look at ...

Nucor has made strategic investments worth about half its market cap over the past eight years.There's been plenty of talk among investing pundits about who could end up being the winners and losers this election season. Companies in some sectors will likely be favored over others depending on the next U.S. president and the makeup of Congress.But one is company set up to win regardless of who wins in the upcoming election is Nucor (NUE 1.21%). North America's largest steel and steel products company has ta ...

Nucor Corporation (NYSE: NUE ) is a steel and steel product manufacturer and is currently the largest steel producer and scrap recycler in the US. The company has three major segments, but the largest includes its steel mill operationsEarnings analysis of individual stocks and macro analysis of broad asset class, sector and country-specific funds to discover trends using a top-down approach. For more content visit my website or follow me on Twitter (@MTSInsights).Analyst’s Disclosure: I/we have no stock, op ...

Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Michael takes a macro-value-oriented approach to investment analysis and prides himself in being able to make investment recommendations based on cross-industry analysis.Analyst ...

Nucor Corporation (NYSE:NUE) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants Jack Sullivan - General Manager and IR Leon Topalian - Chair, President and CEO Steve Laxton - EVP and CFO Brad Ford - EVP, Fabricated Construction Products Dave Sumoski - COO Noah Hanners - EVP, Raw Materials Greg Murphy - EVP, Business Services & General Counsel John Hollatz - EVP, Bar and Rebar Fabrication Conference Call Participants Lawson Winder - Bank of America Securities Timna Tanners - W ...

THIRD QUARTER 2024 EARNINGS CALL LEON TOPALIAN Chair, President and CEO STEVE LAXTON Executive Vice President and CFO October 22, 2024 2 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," "expect," "intend," "may," "project," "will," "should," "could" and similar expressions are intended ...

Nucor Corporation (NUE) reported earnings of $1.05 per share for third-quarter 2024, down from $4.57 in the year-ago quarter. Barring non-cash impairment charges related to the raw materials and steel products segments, adjusted earnings per share for the quarter were $1.49, topping the Zacks Consensus Estimate of $1.40.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company recorded net sales of $7,444.2 million, down around 15.2% year over year. The figure topped the Zacks Conse ...

Nucor (NUE) reported $7.44 billion in revenue for the quarter ended September 2024, representing a year-overyear decline of 15.2%. EPS of $1.49 for the same period compares to $4.57 a year ago. The reported revenue represents a surprise of +3.33% over the Zacks Consensus Estimate of $7.2 billion. With the consensus EPS estimate being $1.40, the EPS surprise was +6.43%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

Nucor (NUE) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $4.57 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 6.43%. A quarter ago, it was expected that this steel company would post earnings of $2.31 per share when it actually produced earnings of $2.68, delivering a surprise of 16.02%. Over the last four quarters, the company has s ...