Exploring Analyst Estimates for Nucor (NUE) Q2 Earnings, Beyond Revenue and EPS

Core Viewpoint - Analysts project that Nucor (NUE) will report quarterly earnings of $2.62 per share, reflecting a 2.2% decline year over year, while revenues are expected to increase by 4.1% to $8.41 billion [1] Earnings Estimates - The consensus EPS estimate has been adjusted downward by 0.2% over the past 30 days, indicating a reassessment by covering analysts [1][2] Revenue Projections - 'Net sales to external customers - Steel products' are estimated at $2.53 billion, down 6.5% year over year - 'Net sales to external customers - Steel mills' are projected to reach $5.36 billion, up 10.3% from the previous year - 'Net sales to external customers - Raw materials' are expected to be $517.16 million, reflecting a slight increase of 0.2% year over year [4] Sales Volume Estimates - 'Sales Tons to outside customer (Steel) - Total Steel Mills' is expected to reach 5,255 thousand tons, compared to 4,617 thousand tons in the same quarter last year - 'Sales in Tons Outside Customers - Total steel products' is projected at 1,106 thousand tons, up from 1,074 thousand tons year over year [5] Price Projections - 'Average Steel Product Price per ton' is estimated at $2,284 per tonne, down from $2,517 per tonne year over year - 'Average sales price per ton (Steel) - Total Steel Mills' is expected to be $1,024 per tonne, compared to $1,051 per tonne in the same quarter last year [6] Segment-Specific Sales Estimates - 'Sales Tons to outside customer (Steel) - Sheet' is projected at 2,508 thousand tons, down from 2,869 thousand tons year over year - 'Sales Tons to outside customer (Steel) - Bars' is expected to reach 1,698 thousand tons, compared to 2,005 thousand tons in the previous year [7] - 'Sales Tons to outside customer (Steel) - Structural' is estimated at 487 thousand tons, down from 512 thousand tons year over year - 'Sales Tons to outside customer (Steel) - Plate' is projected at 574 thousand tons, up from 448 thousand tons in the same quarter last year [8] Cost Estimates - 'Average scrap cost per ton' is expected to be $389 per tonne, compared to $396 per tonne in the same quarter last year [9] Stock Performance - Nucor shares have returned +12.2% over the past month, outperforming the Zacks S&P 500 composite's +5.9% change, with a Zacks Rank 3 (Hold) indicating expected performance in line with the overall market [10]