14.06.2024 13:58:51 - dpa-AFX: Nucor Expects Drop In Q2 Earnings Below Street View

WASHINGTON (dpa-AFX) - Nucor Corp. (NUE), a maker of steel and related
products, on Friday provided earnings guidance for the second-quarter, well
below analysts' estimates.

For the second-quarter, the steel maker expects earnings in a range of $2.20 to
$2.30 per share.

On average, nine analysts, polled by Thomson Reuters expect the firm to earn
$2.99 per share for the quarter. Analysts' estimates typically exclude special
items.

For the second-quarter of the previous year, Nucor had registered earnings of
$5.81 per share.

Nucor is scheduled to release its second-quarter earnings result on July 22.

NUE was trading down by 2.02 percent at $151 in the pre-market on the New York
Stock Exchange.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
NUCOR CORP. DL-,40 851918 Frankfurt 143,440 25.06.24 08:13:49 -2,200 -1,51% 139,960 143,080 143,440 143,440

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