15
Mar
15:37
Nucor expects relatively flat Q1 results
US steel producer Nucor expects its first quarter financial results to be about level year-on-year, Kallanish learns from a company release.
Nucor projects its earnings for the quarter ending April 2 to be $0.20-0.25/diluted share, on par with its Q1 2015 earnings of $0.21/share or $67.8 million. In Q4, Nucor reported adjusted net earnings of about $0.45/share, excluding a $0.64/share impairment charge.
While imports are still weighing down US steel prices, N…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous