Nucor (NUE) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Nucor (NUE) closed the most recent trading day at $141.71, moving -1.88% from the previous trading session.
Nucor's Stock Down 22% in 6 Months: Should You Buy the Dip?
While NUE gains on its actions to grow through acquisitions and capacity expansion, weaker steel prices cast a pall on its prospects.
Is the Options Market Predicting a Spike in Nucor (NUE) Stock?
Investors need to pay close attention to Nucor (NUE) stock based on the movements in the options market lately.
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Nucor is one of the largest steelmakers in the United States. The steel industry is highly cyclical, rising and falling along with the economy.
Steel Leader's Stock Being Dragged Down By Falling Prices
Nucor NYSE: NUE is a basic materials firm that manufactures steel and steel products. It is the 14th largest firm in the metals and mining industry.
Nucor's Q2 Earnings Beat Expectations, But Analyst Warns of Weaker Q3 Due to Lower Steel Prices
Nucor Corporation NUE shares are trading lower today. Yesterday, the company reported better-than-expected second-quarter financial results.
Nucor's (NUE) Earnings and Revenues Beat Estimates in Q2
Nucor's (NUE) second-quarter earnings and sales beat estimates despite lower average selling prices and volumes in the steel mills unit.
Nucor (NUE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Nucor (NUE) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Markets Bounce Back; Cadence, Nucor Beat, NXP In-Line
The Nasdaq came back +280 points, or +1.58% today, while small-caps once again felt their oats.
Nucor (NUE) Q2 Earnings and Revenues Top Estimates
Nucor (NUE) came out with quarterly earnings of $2.68 per share, beating the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $5.81 per share a year ago.
Will Weaker Steel Prices Weigh on Nucor's (NUE) Earnings in Q2?
Lower earnings in the steel mills segment on weaker selling prices and volumes are likely to have hurt Nucor's (NUE) second-quarter results.
