Nucor Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Group 1 - Nucor Corporation is set to release its second-quarter earnings results on July 28, with analysts expecting earnings of $2.70 per share, an increase from $2.68 per share in the same period last year [1] - The projected quarterly revenue for Nucor is $8.48 billion, compared to $8.08 billion a year earlier [1] - On June 18, Nucor indicated expected earnings between $2.55 and $2.65 per share for the quarter ending July 5 [2] Group 2 - Nucor shares increased by 3.1%, closing at $145.83 on the last trading day [2] - Morgan Stanley analyst Carlos De Alba maintained an Overweight rating and raised the price target from $134 to $149 [4] - UBS analyst Curt Woodworth maintained a Buy rating but reduced the price target from $153 to $147 [4]