Curious about Nucor (NUE) Q4 Performance? Explore Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts project that Nucor (NUE) will report quarterly earnings of $1.95 per share, reflecting a 59.8% year-over-year increase, with revenues expected to reach $7.68 billion, an 8.5% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.3% higher over the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Net sales to external customers - Steel products' will be $2.54 billion, a 7.3% increase from the previous year [5]. - The consensus for 'Net sales to external customers - Steel mills' is projected at $4.73 billion, reflecting an 11.4% year-over-year change [5]. - 'Net sales to external customers - Raw materials' are expected to reach $497.01 million, an 8.3% increase from the prior year [6]. - 'Net sales to external customers - Structural' are projected at $625.62 million, indicating a 9.6% year-over-year change [6]. Sales Volume and Pricing - Total steel products sales are projected to reach 1,070 thousand tons, up from 968 thousand tons in the same quarter last year [7]. - The estimated 'Average Steel Product Price per ton' is $2,374, compared to $2,448 in the same quarter last year [7]. - The average sales price per ton for total steel mills is expected to be $1,013, up from $926 a year ago [8]. - Sales tons to outside customers for total steel mills are projected at 4,796 thousand tons, compared to 4,580 thousand tons in the same quarter last year [8]. - Sales tons for steel sheets are expected to be 2,234 thousand tons, slightly up from 2,210 thousand tons last year [9]. - Sales tons for steel bars are projected at 1,499 thousand tons, compared to 1,445 thousand tons in the same quarter last year [9]. - Sales tons for structural steel are estimated at 461 thousand tons, up from 441 thousand tons last year [10]. - Sales tons for steel plates are expected to be 604 thousand tons, compared to 484 thousand tons in the same quarter last year [10]. Market Performance - Nucor shares have returned +6.6% over the past month, contrasting with the Zacks S&P 500 composite's -0.4% change, indicating a stronger performance relative to the market [11].