Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Nucor (NUE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2025.
In the closing of the recent trading day, Nucor (NUE) stood at $142.15, denoting a +1.08% move from the preceding trading day.
Nucor (NUE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Nucor (NUE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
With a 50% rise in steel import prices and lower foreign competition, Nucor is poised to benefit from President Trump's tariffs, with an incentive to raise its sale prices. The company's $6.5 billion capex investment plan will substantially expand its production capacity domestically to capitalize on the rapid growth in demand for steel from data centers and EVs. Nucor has underperformed in the last 3 years, and its capex plans may not boost margins for the next 1.5-2 years, so the steel manufacturer is a hold for now.
In the most recent trading session, Nucor (NUE) closed at $129.54, indicating a -1.44% shift from the previous trading day.
NUE anticipates a second-quarter earnings jump, fueled by gains in its steel mills segment from stronger pricing.
Steel stock Nucor Corp (NYSE:NUE) is on the rise today, last seen up 4.9% to trade at $128.15.
Major U.S. equities indexes ended the midweek session slightly lower.
Nucor (NUE) concluded the recent trading session at $124.68, signifying a +1.75% move from its prior day's close.
In the most recent trading session, Nucor (NUE) closed at $122.32, indicating a +1.59% shift from the previous trading day.
Major U.S. equity indices edged higher as June trading kicked off.