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 ...

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 ...