Wall Street expects a year-over-year decline in earnings on lower revenues when Nucor (NUE) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 22, 2024, might help the stock move higher if these key numbers are better than expectations. On ...

CHARLOTTE, N.C., July 9, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) second 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 second quarter ended June 29, 2024, followed by a question-and-answer session. The event will be available on the internet on July 23, 2024, at 10:00 a.m. Eastern Time.    What:    Nucor's S ...

Nucor Corporation (NUE) has announced its guidance for the second quarter of 2024. The company expects earnings between $2.20 per share and $2.30 per share. This compares unfavorably with $3.46 in the first quarter of 2024 and $5.81 in the second quarter of 2023.The primary factor behind the anticipated decrease is reduced earnings in the steel mills segment, mainly due to lower average selling prices and, to a lesser extent, lower volumes. The steel products segment is also expected to see decreased earnin ...

CHARLOTTE, N.C., June 14, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its second quarter ending June 29, 2024. Nucor expects second quarter earnings to be in the range of $2.20 to $2.30 per diluted share. Nucor reported net earnings of $3.46 per diluted share in the first quarter of 2024 and $5.81 per diluted share in the second quarter of 2023.The largest driver for the expected decrease in earnings in the second quarter of 2024 as compared to the first quarter of 2024 i ...

CHARLOTTE, N.C., June 6, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This cash dividend is payable on August 9, 2024 to stockholders of record on June 28, 2024 and is Nucor's 205th consecutive quarterly cash dividend.About NucorNucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced inclu ...

Nucor Corporation (NUE) announced an agreement to acquire Rytec Corporation, a leading manufacturer and seller of high-speed, high-performance commercial doors, for $565 million in an all-cash transaction. This represents approximately 12.5 times Rytec's projected 2024 EBITDA. Rytec, with more than 300 employees and two manufacturing facilities in Wisconsin, is renowned for its high-performance commercial doors.Rytec is a leader in high-performance commercial doors and serves several growing end-user market ...

CHARLOTTE, N.C., June 3, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has entered into an agreement to acquire Rytec Corporation, a manufacturer and seller of high-speed, high-performance commercial doors. The all-cash transaction is valued at $565 million, which represents approximately 12.5x Rytec's estimated 2024 EBITDA. With over 300 teammates operating out of two manufacturing facilities in Wisconsin, Rytec is widely considered to be the pre-eminent brand for high-performa ...

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 earnin ...

文章核心观点 自纽柯公司上次财报发布一个月以来股价下跌1.4%表现逊于标普500指数，近期负面趋势能否延续待察，公司一季度盈利滞后但营收超预期，预计二季度盈利有降有升，近期估值预期下调，综合VGM评分为C，Zacks评级为持有 [1][2][9] 分组1：股价表现 - 自上次财报发布一个月内公司股价下跌约1.4%表现逊于标普500指数 [1] 分组2：一季度财报情况 盈利与营收 - 2024年一季度每股收益3.46美元低于去年同期的4.45美元且未达Zacks共识预期的3.62美元 [2] - 公司一季度净销售额约81.4亿美元同比下降约7%但超Zacks共识预期的80.3亿美元 [2] 运营数据 - 一季度钢铁厂对外销售总量467.6万吨同比下降3%但超预期的463.9万吨 [3] - 一季度钢铁厂平均销售价格为每吨1108美元低于预期的1155美元 [3] - 2024年一季度公司钢铁厂整体开工率从去年同期的79%升至82% [3] 各业务板块表现 - 报告期内钢铁厂部门盈利因平均售价和销量增加而环比上升 [4] - 一季度钢铁产品部门盈利因价格降低和销量下降而环比降低 [4] - 报告期内原材料部门盈利环比上升 [4] 财务状况 - 季度末现金及现金等价物约45.6亿美元同比增长约20% [5] - 长期债务约66.5亿美元同比基本持平 [5] - 公司本季度以每股平均180.79美元的价格回购约550万股普通股 [5] 分组3：二季度展望 - 预计2024年二季度盈利较上一季度下降主要因钢铁厂部门平均售价降低部分被销量略增抵消 [6] - 预计钢铁产品部门二季度盈利因平均售价降低而适度下降部分被销量增加掩盖 [6] - 预计原材料部门2024年一季度盈利环比上升因直接还原铁设施和废钢加工业务盈利能力提高 [6] 分组4：估值与评分 - 过去一个月公司估值预期呈下降趋势共识估计变动-14.54% [7] - 公司目前增长评分和动量评分为D价值评分为B综合VGM评分为C [8] 分组5：评级与预期 - 公司Zacks评级为3（持有）预计未来几个月股票回报符合预期 [9]

公司高层变动 - Nucor Corporation宣布执行副总裁Douglas J. Jellison将于2024年6月8日退休，他在Nucor工作超过33年，担任过多个重要职位，包括Nucor Bearing Products的材料经理、Nucor Steel Seattle, Inc.和Nucor-Yamato Steel Company的副总裁兼总经理、Nucor Tubular Products和Skyline Steel LLC的总裁，以及2021年晋升为执行副总裁 [1] - 自2024年5月12日起，Randy J. Spicer将晋升为执行副总裁。Spicer于2004年加入Nucor，担任Nucor Steel Indiana的会计主管，随后在Nucor Steel Memphis, Inc.担任控制员，并在Nucor Steel Gallatin LLC担任控制员和热轧厂经理。2020年，他晋升为Nucor Tubular Products North的总经理，并于2022年当选为副总裁，目前担任Nucor Tubular Products的总裁 [2] 公司评价 - Nucor的董事长、总裁兼首席执行官Leon Topalian对Douglas J. Jellison的贡献表示感谢，称他在Nucor的职业生涯中影响了广泛的业务，成功领导了重要设施，监督了国际运营，整合并塑造了收购，并主导了关键的企业战略。Topalian强调Jellison在推动变革、克服挑战和寻求最佳结果方面的能力是无与伦比的，并感谢他为公司文化做出的贡献 [2] - Topalian对Randy J. Spicer的晋升表示期待，认为他在Nucor的20年经验使他非常适合担任这一挑战性角色。他提到Jellison的退休和Spicer的晋升是Nucor长期战略性继任计划的结果 [3] 公司概况 - Nucor及其附属公司是钢铁和钢铁产品的制造商，运营设施位于美国、加拿大和墨西哥。产品包括碳钢和合金钢、空心结构截面管、电气导管、钢架、钢桩、钢桁架和桁架梁、钢甲板、预制混凝土钢筋、冷轧钢、精密铸件、钢紧固件、金属建筑系统、绝缘金属板、吊顶门、钢格栅、电线和金属丝网以及公用设施结构。Nucor还通过The David J. Joseph Company及其附属公司进行黑色和有色金属的经纪、生铁和热压块铁/直接还原铁的供应、铁合金的供应以及黑色和有色金属废料的处理。Nucor是北美最大的回收商 [4]