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Nucor Announces Guidance for the Second Quarter of 2025 Earnings
Prnewswire· 2025-06-18 11:30
Core Insights - Nucor Corporation expects second quarter earnings to be between $2.55 and $2.65 per diluted share, showing a decrease from $2.68 per diluted share in the same quarter of 2024 and an increase from $0.67 per diluted share in the first quarter of 2025 [1][2] Earnings Expectations - Earnings are anticipated to rise across all three operating segments, with the steel mills segment expected to see the largest increase due to higher average selling prices at sheet and plate mills [2] - The steel products segment is projected to benefit from stable pricing, increased volumes, and lower average costs per ton, leading to higher earnings compared to the first quarter of 2025 [2] - The raw materials segment is also expected to report increased earnings in the second quarter of 2025 [2] Share Repurchase and Returns - Nucor has repurchased approximately 1.8 million shares at an average price of $111.89 per share during the second quarter, totaling about 4.0 million shares year-to-date at an average price of $123.75 per share [3] - The company has returned approximately $755 million to stockholders through share repurchases and dividend payments year-to-date [3] Upcoming Earnings Release - Nucor plans to release its second quarter earnings after market close on July 28, 2025, followed by a conference call on July 29, 2025, at 10:00 a.m. Eastern Time [4]
Nucor Announces 209th Consecutive Cash Dividend
Prnewswire· 2025-06-10 13:00
Core Points - Nucor Corporation declared a quarterly cash dividend of $0.55 per share, marking its 209th consecutive quarterly cash dividend [1] - The dividend is payable on August 11, 2025, to stockholders of record on June 30, 2025 [1] Company Overview - Nucor and its affiliates are manufacturers of steel and steel products, operating in the United States, Canada, and Mexico [2] - The company produces a wide range of products including carbon and alloy steel in various forms, as well as fabricated concrete reinforcing steel and metal building systems [2] - Nucor is recognized as North America's largest recycler and also brokers ferrous and nonferrous metals, pig iron, and hot briquetted iron [2]