Nucor (NUE) closed the latest trading day at $168.39, indicating a -1.68% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.03%. Elsewhere, the Dow lost 0.56%, while the tech- heavy Nasdaq added 0.59%. Shares of the steel company witnessed a loss of 2.27% over the previous month, trailing the performance of the Basic Materials sector with its gain of 2.94% and the S&P 500's gain of 4.19%. Investors will be eagerly watching for the performance of Nucor in its upcoming ear ...

A month has gone by since the last earnings report for Nucor (NUE) . Shares have lost about 1.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Nucor due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Nucor's Earnings Lag, Revenues Beat Estimates in Q1 Nucor repo ...

CHARLOTTE, N.C., May 10, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that Executive Vice President Douglas J. Jellison plans to retire on June 8, 2024 after more than 33 years of service with Nucor. Mr. Jellison began his Nucor career in 1990 as Materials Manager at Nucor Bearing Products and has worked in various positions and businesses, including several controller and business development roles. Mr. Jellison served as General Manager of Nucor Bearing Products; Vice President and G ...

Key Points First-quarter manufacturing earnings are on watch as companies like Nucor give mixed signals. Within the trends, investors can find the true momentum behind the industry and why Nucor's business could push higher. Analysts see double-digit upside, and markets are willing to pay a premium for future revenues; here's why. 5 stocks we like better than Nucor After outperforming the Industrial Select Sector SPDR Fund NYSEARCA: XLI by more than 15% over the past five months, shares of Nucor Co. NYSE: N ...

财务数据和关键指标变化 - 公司在第一季度实现EBITDA约15亿美元,净收益8.45亿美元或每股3.46美元 [9] - 钢铁厂产品平均售价较上季度上涨近10%,略高于2023年全年平均水平 [10] - 公司在第一季度向股东支付超过11亿美元的股息和股票回购 [11] 各条业务线数据和关键指标变化 - 钢铁厂业务税前利润较上季度增加近90%,达到约11亿美元,主要得益于钢板业务的改善 [33] - 钢铁制品业务税前利润为5.12亿美元,总出货量较上季度下降约4%,可能受到天气因素影响 [34] - 原料业务税前利润为1000万美元,总体量增加但金属价格下降压缩了利润率 [36] 各个市场数据和关键指标变化 - 基础设施、可再生能源和半导体等行业需求保持强劲,预计未来4-5年内将带来500-800万吨的年需求增长 [80][81][82] - 建筑、重工等行业需求有所下降,但仍维持在较高水平 [134][135][136][137][138][139] 公司战略和发展方向及行业竞争 - 公司继续推进可再生能源和碳减排等可持续发展举措,与梅赛德斯-奔驰等客户合作提供低碳钢材 [15][16][17][18] - 公司收购了数据中心基础设施制造商Southwest Data Products,进军数据中心市场 [21][22][23][24] - 公司关注行业内贸易政策变化,认为美国商务部新规将有利于公司和整个钢铁行业 [25][26] 管理层对经营环境和未来前景的评论 - 管理层对2024年下半年需求前景持谨慎乐观态度,认为重塑、再工业化和基建等趋势将带来持续增长 [44][45] - 管理层预计第二季度整体业绩将低于第一季度,主要受钢铁厂和钢铁制品业务利润下降的影响 [41][42][43] 问答环节重要的提问和回答 问题1 **Martin Englert 提问** 钢铁制品业务中的钢筋和钢板产品出货量同比大幅下降,未来是否会持续下降趋势 [48] **Leon Topalian 回答** 公司预计第二季度产品出货量将略有好转,但整体市场正在从历史高位回落,但仍将维持较高水平 [49][50][51][52] 问题2 **Curt Woodworth 提问** 钢铁制品业务中的桁架和钢板产品价格和利润情况如何,未来趋势如何 [66][67][72] **Brad Ford, Steve Laxton 回答** 该业务过去几年表现出色,利润水平大幅提升,未来预计将保持较高水平,但会有一定程度的回调 [68][69][70][71][76] 问题3 **Tristan Gresser 提问** 公司的低碳钢Econiq产品的销量目标和定价情况如何 [106][107][110][111][114][115] **Leon Topalian, Dan Needham 回答** 公司在可持续发展方面处于行业领先地位,Econiq产品获得客户青睐,并能获得一定溢价,未来将继续扩大供给 [108][109][112][113][114][115]

Nucor Corporation (NUE) reported earnings of $3.46 per share in first-quarter 2024, down from earnings of $4.45 in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of $3.62. The company recorded net sales of $8,137.1 million, down around 7% year over year. The figure beat the Zacks Consensus Estimate of $8,030.1 million. Operating Figures Total sales tons to outside customers for steel mills in the first quarter were 4,676,000 tons, down 3% year over year. The figure beat our estima ...

Key Takeaways Nucor shares were down more than 6% in premarket trading Tuesday after the steel producer missed analysts' Q1 estimates and forecast a sequential decline in current-quarter earnings. The company sees the bottom line declining on a sequential basis in the current quarter due to lower average selling prices weighing on its steel mills segment. The Nucor share price finds a confluence of support around $179 from a multi-month horizontal line and the 38.2% Fibonacci retracement level. Shares in Nu ...

For the quarter ended March 2024, Nucor (NUE) reported revenue of $8.14 billion, down 6.6% over the same period last year. EPS came in at $3.46, compared to $4.45 in the year-ago quarter. The reported revenue represents a surprise of +1.33% over the Zacks Consensus Estimate of $8.03 billion. With the consensus EPS estimate being $3.62, the EPS surprise was -4.42%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectati ...

Nucor第一季度财报 - Nucor (NUE)第一季度每股收益为3.46美元，低于Zacks Consensus Estimate的3.62美元[1] - Nucor的季度报告显示盈利意外为-4.42%，在过去四个季度中，公司三次超过了市场预期的每股收益[2] - Nucor第一季度营收为81.4亿美元，超过了Zacks Consensus Estimate的1.33%，过去四个季度中，公司三次超过了市场预期的营收[3] 股价走势和盈利前景 - 公司股价的短期走势将主要取决于管理层在财报电话会议上的评论[4] - 投资者关注的问题是Nucor未来的走势，其中一个可靠的衡量标准是公司的盈利前景[5] - 研究表明，近期股价走势与盈利预期的变化趋势之间存在强烈相关性[6] 预期变化趋势和行业排名 - 在财报发布前，Nucor的盈利预期变化趋势为混合，目前股票的Zacks Rank为3（持有），预计未来股价将与市场表现一致[7] - 投资者应该注意行业前景对股票表现的影响，目前钢铁生产行业在Zacks行业排名中处于倒数29%[8]

Exhibit 99.1 News Release Nucor Reports Results for the First Quarter of 2024 First Quarter of 2024 Highlights • Net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted share. • Net sales of $8.14 billion. • Net earnings before noncontrolling interests of $959.0 million; EBITDA of $1.50 billion. CHARLOTTE, N.C. – April 22, 2024 - Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted s ...