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Why Nucor (NUE) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-17 01:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Nucor (NUE) , which belongs to the Zacks Steel - Producers industry, could be a great candidate to consider.When looking at the last two reports, this steel company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 9.47%, on average, in the last two quarters.For the last reported quarter, Nucor came out ...
Analysts Estimate Nucor (NUE) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-04-15 23:05
The market expects Nucor (NUE) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April ...
Nucor Invites You to Join Its First Quarter of 2024 Conference Call on the Web
Prnewswire· 2024-04-09 21:00
CHARLOTTE, N.C., April 9, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) first quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the first quarter ended March 31, 2024, followed by a question-and-answer session. The event will be available on the internet on April 23, 2024, at What: Nucor's First Quarter of ...
Nucor Introduces New Hot-Rolled Coil Spot Pricing
Prnewswire· 2024-04-05 04:30
CHARLOTTE, N.C., April 4, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it is introducing a weekly Nucor Consumer Spot Price (CSP) to provide its customers with consistent and transparent communications regarding the Company's hot-rolled coil spot pricing. Nucor will issue the first CSP on Monday, April 8, 2024. "We are constantly looking for better ways to serve our customers, not only with quality products and services, but also with timely information that will help them make in ...
Nucor (NUE) Boosts Data Center Capability With SWDP Acquisition
Zacks Investment Research· 2024-04-03 00:15
收购信息 - Nucor Corporation宣布以115百万美元的价格收购Southwest Data Products, Inc.[1] - 收购使Nucor能够进入迅速增长的市场,确立为众多领先的超大规模云和合作数据中心运营商的首选供应商[2] - SWDP和Nucor Data Systems的整合将为Nucor Warehouse Systems部门提供增强的产品和服务,预计将带来巨大的增长机会[3] - 收购与Nucor的核心炼钢业务存在多个协同效应,SWDP使用各种类型的钢材作为原材料,这些钢材可以由Nucor工厂供应[4]
Nucor (NUE) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-04-02 07:06
Nucor (NUE) ended the recent trading session at $200, demonstrating a +1.06% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.2%. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq added 0.11%.Prior to today's trading, shares of the steel company had gained 3.78% over the past month. This has lagged the Basic Materials sector's gain of 6.88% and outpaced the S&P 500's gain of 3.32% in that time.The investment community will be closely monitoring the perfo ...
Montage Partners Successfully Exits Investment in Southwest Data Products
Prnewswire· 2024-04-01 21:00
公司收购 - Nucor Corporation以1.15亿美元收购了Southwest Data Products公司[1] 公司背景 - Southwest Data Products公司成立于1986年,总部位于加利福尼亚圣贝纳迪诺,专注于为全球最大和最具创新性的超大规模云和合作数据中心运营商提供高质量定制产品[2] 投资合作 - Montage Partners自2017年投资于Southwest Data Products公司,帮助其实现了5倍的营收增长,并扩展了产品线,优化了制造流程,拥有了内部安装能力,加速了公司的发展[3] - Montage Partners与Southwest Data Products公司的合作体现了其投资策略,即投资于成功的创始人领导的公司,帮助其实现规模化增长[4]
Nucor to Acquire Manufacturer of Data Center Infrastructure
Prnewswire· 2024-04-01 20:45
CHARLOTTE, N.C., April 1, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data center infrastructure for $115 million. SWDP's offices and manufacturing facility are in San Bernardino, California and the company employs approximately 147 teammates. Nucor is also announcing the launch of Nucor Data Systems, a new business unit that will help better serve our customers in the data center infrastructur ...
Nucor (NUE) and Mercedes-Benz Partner for Eco-Friendly Steel
Zacks Investment Research· 2024-03-22 21:46
Nucor Corporation (NUE) recently signed an agreement with Mercedes-Benz, for the supply of Econiq-RE for the Mercedes-Benz models manufactured at its Tuscaloosa, AL plant.Since its establishment in 2022, Econiq has been at the forefront of the global steel industry, particularly in certifying low-embodied carbon materials. The introduction of Econiq-RE marks a significant evolution within Econiq, certifying Nucor steel or steel products manufactured using 100% renewable energy. This innovation promises to s ...
Nucor Signs Agreement with Mercedes-Benz To Supply Econiq™-RE
Prnewswire· 2024-03-20 20:00
CHARLOTTE, N.C., March 20, 2024 /PRNewswire/ -- Today, Nucor Corporation (NYSE: NUE) announced that it has signed an agreement with Mercedes-Benz to supply Econiq™-RE for Mercedes-Benz models produced at their Tuscaloosa, AL manufacturing plant. Since its inception in 2022, Econiq™ has led the global steel industry in certifying low-embodied carbon materials. By using Econiq™-RE, an evolutionary category of Econiq™ that certifies Nucor steel or steel products made with 100% renewable energy, greenhouse gas ...