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What You Need To Know Ahead of Nucor's Earnings Release
Yahoo Financeยท 2025-10-08 06:56
Core Insights - Nucor Corporation is set to announce its Q3 earnings on October 27, with analysts expecting a profit of $2.16 per share, a 45% increase from $1.49 per share in the same quarter last year [2][6] - The company has a mixed earnings surprise history, having missed bottom-line estimates once in the past four quarters while surpassing projections three times [2] - For the full fiscal year 2025, Nucor is projected to report an EPS of $7.80, a decrease of 12.4% from $8.90 in 2024, but is expected to rebound with a 39.2% increase to $10.86 in fiscal 2026 [3] Financial Performance - Nucor's topline for the last quarter grew 4.7% year-over-year to $8.5 billion, aligning closely with market expectations [6] - However, the company's bottom-line fell 6.5% year-over-year to $603 million, missing consensus estimates due to increased costs and high marketing and administrative expenses [6] Stock Performance - Nucor's stock has declined 11.1% over the past 52 weeks, underperforming the Materials Select Sector SPDR Fund's 5.8% drop and the S&P 500 Index's 17.9% increase during the same period [4] - Following the release of disappointing Q2 results, Nucor's stock prices fell by 2.7% [5] Analyst Ratings - The consensus opinion on Nucor stock remains optimistic, with a "Strong Buy" rating from 10 out of 14 analysts, one recommending "Moderate Buy," and three suggesting a "Hold" rating [7] - The mean price target for Nucor is $158.67, indicating a potential upside of 16.8% from current price levels [7]