— Nucor Corporation’s (NYSE: NUE) earnings declined to $275 million or $0.90 per share in the third quarter of 2019 from $676.7 million or $2.13 per diluted share in the third quarter of 2018.
— Sales declined 7% to $5.46 billion in the third quarter versus $5.54 billion expected.
— Nucor’s earnings in the fourth quarter of 2019 are expected to decrease compared to the third quarter of 2019.
— Steel mills segment’s profit is expected to decrease in the fourth quarter of 2019 from the third quarter level, hurt by the lower steel prices at the end of the third quarter.
— Profitability of the steel products segment in the fourth quarter of 2019 is expected to decrease slightly from the third quarter of 2019.
— Performance of the raw materials segment is also expected to decline in the fourth quarter of 2019 compared to the third quarter of 2019.
— NUE stock, which plunged to a 52-week low ($46.10) in August, has stayed flat since the beginning of this year and was down 11% in the trailing 12-months period.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
