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.When looking at the last two reports, this steel company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 9.47%, on average, in the last two quarters.For the last reported quarter, Nucor came out ...

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 March 2024. 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 April ...

CHARLOTTE, N.C., April 9, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) first 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 first quarter ended March 31, 2024, followed by a question-and-answer session. The event will be available on the internet on April 23, 2024, at      What:       Nucor's First Quarter of ...

CHARLOTTE, N.C., April 4, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it is introducing a weekly Nucor Consumer Spot Price (CSP) to provide its customers with consistent and transparent communications regarding the Company's hot-rolled coil spot pricing. Nucor will issue the first CSP on Monday, April 8, 2024. "We are constantly looking for better ways to serve our customers, not only with quality products and services, but also with timely information that will help them make in ...

Nucor Corporation (NUE) announced its acquisition of Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data center infrastructure, for $115 million. With its offices and manufacturing facility located in San Bernardino, CA, SWDP employs approximately 147 individuals. Nucor unveiled Nucor Data Systems, a new business unit aimed at enhancing customer service within the data center infrastructure sector.This strategic acquisition empowers Nucor with new capabilities to tap into the swiftly ...

Nucor (NUE) ended the recent trading session at $200, demonstrating a +1.06% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.2%. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq added 0.11%.Prior to today's trading, shares of the steel company had gained 3.78% over the past month. This has lagged the Basic Materials sector's gain of 6.88% and outpaced the S&P 500's gain of 3.32% in that time.The investment community will be closely monitoring the perfo ...

Nucor Corporation acquires the manufacturer for $115 million SAN BERNARDINO, Calif., April 1, 2024 /PRNewswire/ -- Montage Partners, a people-first private equity firm based in Scottsdale, Arizona, today announces the successful exit of its investment in Southwest Data Products ("SWDP" or the "Company"), a leading manufacturer of branded airflow containment systems, server enclosures, security caging, and cable management systems used in the world's most advanced data centers to house and protect computer n ...

CHARLOTTE, N.C., April 1, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data center infrastructure for $115 million. SWDP's offices and manufacturing facility are in San Bernardino, California and the company employs approximately 147 teammates.  Nucor is also announcing the launch of Nucor Data Systems, a new business unit that will help better serve our customers in the data center infrastructur ...

Nucor Corporation (NUE) recently signed an agreement with Mercedes-Benz, for the supply of Econiq-RE for the Mercedes-Benz models manufactured at its Tuscaloosa, AL plant.Since its establishment in 2022, Econiq has been at the forefront of the global steel industry, particularly in certifying low-embodied carbon materials. The introduction of Econiq-RE marks a significant evolution within Econiq, certifying Nucor steel or steel products manufactured using 100% renewable energy. This innovation promises to s ...

CHARLOTTE, N.C., March 20, 2024 /PRNewswire/ -- Today, Nucor Corporation (NYSE: NUE) announced that it has signed an agreement with Mercedes-Benz to supply Econiq™-RE for Mercedes-Benz models produced at their Tuscaloosa, AL manufacturing plant. Since its inception in 2022, Econiq™ has led the global steel industry in certifying low-embodied carbon materials. By using Econiq™-RE, an evolutionary category of Econiq™ that certifies Nucor steel or steel products made with 100% renewable energy, greenhouse gas ...