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15 Jun
17:27

Nucor plans to announce big Q2 profit boost

Nucor expects its second-quarter earnings will see a hefty boost due to flat-rolled trade case victories and generally improved steel volumes and pricing, Kallanish learns from company guidance. Nucor plans to announce earnings of $0.65-0.70/diluted share in Q2. In Q2 2015, Nucor earned $0.39/diluted share, or $124.8m. In Q1, Nucor earned $0.22/diluted share, or $70.8m. On-going cases against imports of hot-rolled, cold-rolled and coated products – as w…
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