Nucor (NUE) Misses Q1 Earnings Estimates

Nucor (NUE) came out with quarterly earnings of $3.46 per share, missing the Zacks Consensus Estimate of $3.62 per share. This compares to earnings of $4.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.42%. A quarter ago, it was expected that this steel company would post earnings of $2.83 per share when it actually produced earnings of $3.16, delivering a surprise of 11.66%.Over the last four quarters, the company has s ...