Will Lower Steel Prices Weigh on Nucor's Earnings in Q3?
Nucor(NUE) ZACKS·2024-10-17 04:01
Nucor Corporation (NUE) is set to release third-quarter 2024 results after the closing bell on Oct. 21.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The U.S. steel giant surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing once. NUE has a trailing four-quarter earnings surprise of 7.6%, on average. It posted an earnings surprise of 16% in the last reported quarter. Lower earnings in the steel mills segment on weaker selling prices are likely ...