Why Is Nucor (NUE) Down 7.9% Since Last Earnings Report?

Core Viewpoint - Nucor's shares have declined approximately 7.9% since the last earnings report, underperforming the S&P 500, raising questions about the potential for continued negative trends or a breakout before the next earnings release [1] Estimates Movement - Estimates for Nucor have trended downward over the past month, indicating a negative shift in expectations [2] VGM Scores - Nucor currently holds a poor Growth Score of F, while its Momentum Score is rated B. The stock has an A grade for value, placing it in the top 20% for this investment strategy. The overall aggregate VGM Score for Nucor is C, which is relevant for investors not focused on a single strategy [3] Outlook - The downward trend in estimates suggests a negative outlook for Nucor, with a Zacks Rank of 3 (Hold), indicating expectations for an in-line return from the stock in the coming months [4]