16
Sep
17:32
Nucor guidance tags earnings to rise in third quarter
Nucor expects a quarter-on-quarter uptick in its earnings for the third quarter, due partially to improved margins and a resilient automotive sector, Kallanish learns from a company guidance statement.
For the quarter ending October 3, Nucor anticipates its earnings will be between $045-0.50/diluted share. In Q2, Nucor’s earnings were $0.39/share, or $124.8 million.
“Margins are expected to improve as our steel mills have benefited from an average…
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Anonymous
Very good overview of the weekly steel market.
Anonymous