Nucor to Report Q3 Earnings: What's in the Cards for the Stock?

Core Insights - Nucor Corporation (NUE) is scheduled to release its third-quarter 2025 results on October 27, with expectations of lower earnings across all segments compared to the previous quarter [1][5][7] - The company has a trailing four-quarter earnings surprise of approximately 27.4% on average, having surpassed the Zacks Consensus Estimate in three of the last four quarters [1][10] - Nucor's shares have declined by 2.1% over the past year, contrasting with a 10.2% increase in the Zacks Steel Producers industry [2] Revenue Estimates - The Zacks Consensus Estimate for Nucor's third-quarter consolidated revenues is $8,162.8 million, indicating a year-over-year increase of 9.7% [4] Factors Affecting Performance - Lower segment earnings are anticipated to negatively impact Nucor's performance, with expectations of decreased earnings in the steel mills, steel products, and raw materials segments [5][7] - The steel mills segment is expected to experience reduced earnings due to lower volumes and margin compression, while the steel products segment may see decreased earnings from higher average costs per ton [5] - The raw materials segment is also projected to earn lower profits due to weaker profitability in scrap processing operations [5] Market Conditions - U.S. steel prices have retreated in the third quarter amid cautious buyer activity, with hot-rolled coil (HRC) prices dropping to around $800 per short ton from a peak of nearly $950 per short ton earlier in the year [8] - Despite the decline in prices, stable selling prices are expected to have supported Nucor's performance, with an estimated average sales price per ton for the steel mills unit at $1,041, remaining stable sequentially [9] Earnings Prediction Model - The current model does not predict an earnings beat for Nucor this quarter, with an Earnings ESP of -1.28% and a Zacks Rank of 4 (Sell) [10][11]