Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Nucor (NUE) , which belongs to the Zacks Steel - Producers industry, could be a great candidate to consider.This steel company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 11.22%.For the most recent quarter, Nucor was exp ...

Nucor (NUE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 27, 2025, might help the stock move higher if these key numbers are better than expecta ...

NU E Power Announces Letter of Intent to Acquire Blu Dot SystemsJanuary 20, 2025 9:00 AM EST | Source: Nu E Corp.Calgary, Alberta--(Newsfile Corp. - January 20, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company") is pleased to announce that it has entered into a non-binding letter of intent (the "Letter of Intent"), dated January 17, 2025, with Blu Dot Systems Inc. ("Blu Dot"), to review a potential acquisition (the "Proposed Transaction") of Blu Dot. Blu Dot is a privately h ...

When it comes to the domestic steel industry, two companies stand out: Nucor (NUE 0.23%) and Steel Dynamics (STLD -0.11%). Both are well run and growing, but one is old and largely mature while the other is still relatively young and growing more quickly.If you are a growth-oriented investor or a dividend growth investor, you'll probably find Steel Dynamics the more attractive choice if you have $1,000 to invest right now. Here's why.Nucor is a great companyNucor is one of the largest steel companies in Nor ...

Nucor Corporation’s (NUE) shares have lost 20.2% in the past three months compared with the Zacks Steel Producers industry’s decline of 34.4%. The downward spiral reflects the choppiness in the steel space underpinned by the significant pullback in U.S. steel prices, which has led to a downward revision in NUE’s earnings estimates.NUE is currently trading at a roughly 39% discount to its 52-week high of $203 reached on April 9, 2024. Technical indicators show that NUE has been trading below the 50-day simpl ...

CHARLOTTE, N.C., Jan. 16, 2025 /PRNewswire/ -- Today, Nucor Corporation (NYSE: NUE) announced that the Global Steel Climate Council (GSCC) certified the Company's Science-Based Emissions Targets (SBET). The SBET submitted by Nucor, a Founding Member Company of the GSCC, sets an ambitious goal of reducing emissions by 2030 for its hot rolled steel production, which includes Scopes 1, 2, and 3 emissions. "Nucor is a global leader in low embodied carbon steel production, and they are proving that innovation an ...

CHARLOTTE, N.C., Jan. 14, 2025 /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, 2024, followed by a question-and-answer session. The event will be available on the internet on January 28, 2025, at 10:00 a.m. Eastern Time. What: Nuco ...

KEY TAKEAWAYSU.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company.The news comes after Nippon Steel's $14.1 billion takeover of U.S. Steel was blocked by President Joe Biden earlier this month, although the Japanese firm received an extension over the weekend on a deadline for when it has to drop the bid.Despite Monday's gains, shares of U.S. Steel have lost more than a fifth of their value in the past 12 months. U.S. Steel (X) ...

Group 1 - Cleveland Cliffs is partnering with Nucor in a potential bid for U.S. Steel after the White House blocked Nippon Steel's takeover attempt [1][2] - The proposed offer for U.S. Steel is expected to be in the high $30s per share, with plans to sell off the Big River Steel subsidiary to Nucor [2] - U.S. Steel's headquarters will remain in Pittsburgh following the acquisition [2] Group 2 - U.S. Steel shares closed at $34.24 per share, indicating the market's current valuation prior to the potential acquisition [3] - President Biden's administration blocked Nippon Steel's over $14 billion bid for U.S. Steel due to national security concerns [3] - The deadline for Nippon Steel to cease its pursuit of U.S. Steel has been extended until June as both companies challenge the merger block [2]

Nucor Corporation (NUE) has stated that its Towers & Structures unit will construct its third cutting-edge utility structure production facility in Brigham City, UT. The company is currently finishing the construction of two utility structure production sites in Decatur, AL and Crawfordsville, IN. The new $200 million Utah plant will be built on Nucor's existing Brigham City location and is projected to employ 200 full-time workers.Nucor has a strong presence in the West, and establishing this new plant in ...