Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1

Nucor Corporation (NUE) reported earnings of $3.46 per share in first-quarter 2024, down from earnings of$4.45 in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of $3.62.The company recorded net sales of$8,137.1 million, down around 7% year over year. The figure beat the Zacks Consensus Estimate of $8,030.1 million.  Operating FiguresTotal sales tons to outside customers for steel mills in the first quarter were 4,676,000 tons, down 3% year over year. The figure beat our estimat ...