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18 Jun
15:31

Nucor sees brightening second quarter results

Nucor expects to see its profits rise on-quarter in Q2, though they will be significantly down from last year due to Covid-19, Kallanish reports.  Nucor anticipates Q2 earnings of $0.10-0.15/share, up from $0.07/share ($20.3m) but down from Q2 2019 earnings of $1.26/share ($386.5m).  "Many state and local governments are taking actions to phase-in the gradual re-opening of their economies as we progress through the Covid-19 pandemic,” says ce…
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