Nucor Corp. stock rises Wednesday, outperforms market
Shares of Nucor Corp. NUE inched 0.56% higher to $142.98 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.29% to 5,618.26 and Dow Jones Industrial Average DJIA falling 0.
Nucor Projects Q3 Earnings to Decline on Lower Steel Prices
NUE expects lower Q3 earnings due to reduced steel prices and volumes, alongside one-time non-cash charges, while repurchasing 2.5 million shares.
Nucor Says Earnings Will Drop From Lower Steel Prices
Nucor stock was falling Tuesday after the steel manufacturer said that it expects earnings to drop in the current quarter, due primarily to lower average selling prices. Nucor said that it expects third-quarter adjusted earnings to be between $1.
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
U.S. steelmakers projected lower quarterly profits, as automotive companies and equipment manufacturers dial down production. Charlotte, N.C.-based Nucor said Tuesday that lower demand for steel in a weakening manufacturing sector and falling sales of its steel construction materials would result in a roughly 80% decline in third-quarter profit,
Nucor Corp. stock falls Tuesday, underperforms market
Shares of Nucor Corp. NUE sank 0.55% to $142.18 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.03% to 5,634.58 and the Dow Jones Industrial Average DJIA falling 0.04% to 41,606.18. This was the stock's second consecutive day of losses.
Charlotte-based Nucor warns of sharp profit decline in Q3
The company expects a significant year-over-year profit decline on its upcoming third-quarter earnings report.
Nucor, building steel mill in WV, expects lower earnings
Charlotte, North Carolina-based Nucor Corp., which is currently building a new sheet mill in Mason County, West Virginia, announced Tuesday guidance for its third quarter earnings. The company said the expected lower earnings are due to lower than average selling prices and lower volumes.
Nucor, building steel mill in Mason County, expects lower earnings
Charlotte, North Carolina-based Nucor Corp., which is currently building a new sheet mill in Mason County, West Virginia, announced on Sept. 17, 2024 guidance for its third-quarter earnings. The company said it expects lower earnings in the third quarter of 2024 primarily due to lower than average selling prices and lower volumes.
Steelmaker Nucor’s stock falls after profit warning, citing lower selling prices
Shares of Nucor Corp. took a 2.4% hit in premarket trading Tuesday, after the steel and steel products maker warned of a third-quarter profit shortfall, as lower selling prices weighed on its steel mills business.
Nucor Warns of Big 3Q Profit Decline As Steel Prices Fall
Nucor warned of a big year-over-year earnings decline in the current quarter after steel prices fell and the company incurred a hefty impairment charge.
Nucor Will Navigate The Steel Industry's Short Term Price Crisis And Long Term Energy Transition
Nucor is a steelmaker that uses recycled steel and electricity to produce all of its steel products. Learn more on NUE stock ...
Nucor Sees Q3 Adj. EPS Well Below Estimates
Nucor Corp. (NUE) announced on Tuesday that it expects earnings for the third quarter to be in a range of $0.87 to $0.97 per share.
'If You Want Steel, You Do Nucor,' Says Cramer When Asked About Gerdau
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Federated Hermes Inc (NYSE:FHI) is an investment management company ...
Nucor: Capital Expenditures Plan, M&A Efforts, And Trading Cheaply
Nucor's recent acquisitions and capital expenditures are expected to boost capacity and free cash flow. Check out why I'm ...
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Analysts’ Top Materials Picks: Nucor (NUE), Compass Minerals International (CMP)
Analysts fell to the sidelines weighing in on Nucor (NUE – Research Report) and Compass Minerals International (CMP – Research Report) with neutral ratings, indicating that the experts are neither ...
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Looking Into Nucor's Recent Short Interest
As you can see from the chart above the percentage of shares that are sold short for Nucor has grown since its last report.
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Nucor Corporation (NUE) is Attracting Investor Attention: Here is What You Should Know
Nucor (NUE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of ...
After landing giant manufacturing companies, Davidson County gets choosy in economic development
Situated at the heart of North Carolina's growing new-tech belt, Davidson County is riding a wave of major industrial ...