Nucor's (NUE) Earnings and Revenues Top Estimates in Q4

Nucor Corporation (NUE) reported earnings of $3.16 per share in fourth-quarter 2023, down from earnings of$4.89 in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of $2.83.The company recorded net sales of$7,704.5 million, down around 11.7% year over year. The figure topped the Zacks Consensus Estimate of $7,563.8 million.Earnings declined in the fourth quarter primarily due to lower prices. Operating FiguresTotal sales tons to outside customers for steel mills in the fourth quar ...