Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1
NUENucor(NUE) Zacks Investment Research·2024-04-23 21:56

Nucor Corporation (NUE) reported earnings of 3.46pershareinfirstquarter2024,downfromearningsof3.46 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.Thecompanyrecordednetsalesof3.62. 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 ...