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Nucor Corp reports results for the quarter ended June 30 - Earnings Summary

Nucor Corp NUE.N reported quarterly adjusted earnings of $2.65​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.68.  The mean expectation of twelve analysts for the quarter was for earnings of $2.66 per share. Wall Street expected results to range from $2.51  to $2.74 per share.

Revenue rose 4.7% to $8.46 billion from a year ago; analysts expected $8.54 billion.

Nucor Corp's reported EPS for the quarter was $2.60​.

The company reported quarterly net income of $603 million.

Nucor Corp shares had risen by 12.6% this quarter and gained 25.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 16.2% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is also "buy"

Wall Street's median 12-month price target for Nucor Corp is $149.50, about 3.3% above its last closing price of $144.52

This summary was machine generated from LSEG data July 28 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.662.65Missed
Mar. 31 20250.650.77Beat
Dec. 31 20240.651.22Beat
Sep. 30 20241.471.49Beat

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