Steelmaker Nucor falls after downbeat quarterly forecast

Nucor

17/09/2025 21:42

** Shares of steelmaker Nucor NUE.N fall 3.6% to ~$138 in extended trading

** Company forecasts Q3 earnings to decrease across all three operating segments

** Expects Q3 profit to be in the range of $2.05 to $2.15 per share, vs $2.60 apiece in Q3, 2024

** Thirteen of 17 brokerages rate the stock "buy" or higher, four "hold"; their median PT is $155, according to data compiled by LSEG

** As of last close, shares up 22.47% YTD

(Reporting by Aishwarya Jain in Bengaluru)

((Aishwarya.Jain@thomsonreuters.com;))