14
Dec
18:50
Nucor warns that profit is sliding in Q4
Nucor has issued its fourth-quarter guidance with earnings per diluted share now estimated at $2.75-2.85, Kallanish learns.
In the fourth quarter of 2022, the Charlotte, NorthCarolina-based steel producer reported $4.89 per diluted share. Net earnings were $4.57 per diluted share in the third quarter of 2023.
The company’s statement notes that it expects lower earnings in the fourth quarter compared with the third quarter due to decreases in prices and vo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous