14.03.2024 22:00:58 - dpa-AFX: Nucor Expects Q1 Profit Below Street

WASHINGTON (dpa-AFX) - Nucor Corporation (NUE) Thursday said it expects
first-quarter earnings to be in the range of $3.55 to $3.65 per share.

Analysts polled by Thomson Reuters currently expect earnings of $3.76 per share
for the quarter. Analysts' estimates typically exclude one-time items.

Nucor reported net earnings of $3.16 per diluted share in the fourth quarter of
2023 and $4.45 per diluted share in the first quarter of 2023.

The company said it expects the steel mills segment's earnings to increase in
the first quarter due to higher average selling prices and volumes, particularly
at its sheet mills.



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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 156,540 23.05.24 08:23:56 -0,300 -0,19% 156,460 159,820 156,540 156,840

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