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Nucor Shares Climb Following Q2 Results: What To Know
Nucor Corporation (NYSE:NUE) shares are climbing after the company reported its second-quarter financial results Monday. Here's a look at the key figures from the report.
The Details: Nucor reported quarterly earnings of $2.68 per share which beat the analyst consensus estimate of $2.35 by 14.04%. Quarterly sales came in at $8.08 billion, which beat the analyst consensus estimate of $7.69 billion by 5.13%.
A total of approximately 6.289 million tons were shipped to outside customers in the second quarter of 2024, a 1% increase compared with the first quarter of 2024 and a 5% decrease compared with the second quarter of 2023.
Total steel mill shipments in the second ...