— Nucor Corporation (NYSE: NUE) reported earnings of $107.8 million or $0.35 per share for the fourth quarter of 2019, compared to $646.8 million or $2.07 per share last year. Analysts expected earnings of $0.31 per share.
— Fourth-quarter net sales declined to $5.13 billion from $6.3 billion in the same period of last year, vs. $4.94 billion expected
— Average sales price per ton decreased by 16% from the fourth quarter of 2018
— A total of 6,486,000 tons were shipped to outside customers during the quarter, down 3% from last year
— Total steel mill shipments declined 2% year-over-year during the three-month period
— During the quarter, Nucor acquired TrueCore, an insulated metal panel manufacturing company with a facility in Laurens, South Carolina
— Nucor repurchased approximately 1.9 million shares at an average price of $54.61 per share in the fourth quarter
— Expects first-quarter 2020 earnings to increase sequentially; sees profitability of the steel products segment dropping quarter-over-quarter
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
