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 ...

Christian Feldhaar/iStock via Getty ImagesIntroduction Nucor Corporation (NYSE:NUE) is one of the most important companies in the US. It operates in the boring and underestimated steel industry. The US plans to renew its infrastructure needs with an exuberant quantity of various commodities. Steel comes to mind first when we talk about infrastructure. NUE is one of North America's largest steel producers globally and the leading recycler. The company leads its regional competitors, Cleveland-Cliffs (CLF ...

The steel industry is highly cyclical, and investors in the sector just need to accept that. To help deal with this situation, however, companies like Steel Dynamics (STLD 0.09%) have taken to providing earnings guidance updates close to their actual earnings releases. In this way, it can avoid unexpected surprises. This time around, though, Wall Street's thinking was way off the mark. And that was good news.Steel Dynamics has a strong dividend historyWhen you compare Steel Dynamics to industry icons like U ...

The most recent trading session ended with Nucor (NUE) standing at $168.19, reflecting a -0.4% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.07%.The the stock of steel company has risen by 1.28% in the past month, lagging the Basic Materials sector's gain of 1.66% and the S&P 500's gain of 3.98%.Analysts and investors alike will be keeping a close eye on the performance of Nucor in its upcoming earnings disclosure. The company's earnings report is set to go p ...

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.Shares of this steel company have returned +5.8% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Steel - Producers industry, to which Nucor belongs, has gained 5.3% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors ab ...

This commentary first appeared on Forbes Great Speculations, where Schaeffer's Investment Research is a regular contributor, on Wednesday, Dec. 20.The steel sector has been in focus lately, after President Joe Biden’s re-election campaign adviser Brian Deese raised concerns about Nippon Steel’s acquisition of U.S. Steel (X).Nucor Corporation (NYSE:NUE) stock has been in rally mode since news of the acquisition broke on Monday, today hitting its highest level since February with support from its 20-day movin ...