Nucor Corporation's stock sold off after the company guided for lower-than-expected Q3 earnings. The market is fixating on a transitory margin squeeze while ignoring a powerful supercycle in steel demand driven by mega-projects in manufacturing, infrastructure, energy, and data centers. I believe NUE's earnings are set to re-accelerate in the coming quarters. The current stock price reflects short-term fear, not the powerful long-term reality.
NUE projects Q3 earnings of $2.05-$2.15 per share, signaling a sequential decline but year-over-year growth.
Nucor expects to make about $2.10 a share in the third quarter. Wall Street was projecting closer to $2.46.
Nucor stock has jumped 20% in three months as growth projects and acquisitions boost momentum despite the recent retreat in steel prices.
Berkshire Hathaway recently disclosed a large stake in Nucor, which is quite telling about the company's standing within the sector. As margins reverse from their record lows in Q1 2025, investors should anticipate a significant improvement in free cash flow. There are also important implications for future shareholder returns stemming from Nucor's recent capital allocation decisions.
Shares of the manufacturer were up 6.4% in early trading Friday after the holding was disclosed.
Leon Topalian, Nucor CEO, joins 'Closing Bell: Overtime' to discuss the company's latest quarterly earnings results, the proposed merger between Union Pacific and Norfolk Southern and much more.
Nucor Corporation (NYSE:NUE ) Q2 2025 Earnings Conference Call July 29, 2025 10:00 AM ET Company Participants Allen C. Behr - Executive Vice President of Raw Materials Brad Ford - Executive Vice President of Plate & Structural Products David A.
NUE's Q2 earnings miss estimates despite higher volumes and strong segment performance across the board.
I am downgrading Nucor to 'hold' as tariff benefits are fully priced in and business momentum is slowing. Q2 earnings missed expectations, and Q3 guidance is disappointing, with management projecting results below analyst estimates despite higher tariffs. Demand challenges, especially in autos and construction, are limiting Nucor's ability to capitalize on tariff advantages and expand margins.
Nucor (NUE) came out with quarterly earnings of $2.6 per share, missing the Zacks Consensus Estimate of $2.62 per share. This compares to earnings of $2.68 per share a year ago.
NUE is expected to post strong Q2 as tariff-fueled steel price spikes and higher volumes are likely to lift performance.