NUE ▲ +1.7% - Nucor Corporation
$NUE expects Q3 diluted earnings of $5.55–$5.65 per share, above Q2 diluted EPS of $5.04 and year-ago Q3 EPS of $2.63. The Details: • Steel mills: Nucor expects higher earnings from increased average selling prices. • Steel products: The segment’s earnings are expected to rise on higher volumes and realized pricing. • Raw materials: Nucor expects lower earnings because of pricing and shipment trends. • Q2 item: Second-quarter results included $130 million of prior-period procurement cash refunds. • Capital returns: Nucor repurchased about 2.03 million shares in Q3 at an average price of $247.04 each.
Nucor rose 1.7% after guiding to Q3 diluted earnings of $5.55–$5.65 per share, well ahead of Q2's $5.04 and year-ago Q3's $2.63, driven by higher average selling prices in its steel mills and increased volumes and pricing in steel products despite a headwind from lower raw materials earnings.
17-SEP-2026 04:37 PM ET
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