17
Jun
19:50
Nucor sees lower Q2 earnings ahead
Nucor expects its second-quarter earnings to dip both on-quarter and on-year, Kallanish learns from company guidance.
Nucor’s Q2 earnings should be between $1.20-1.25/diluted share, the company says – down from Q1 earnings of $1.63/share ($501.8 million) and Q2 2018 earnings of $2.13/share ($683.2m).
“Most end-use markets remain strong or stable; market dynamics are keeping many customers on sidelines,” Nucor says in its guidance state…
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Anonymous
Very good overview of the weekly steel market.
Anonymous