Nucor Corporation (NYSE: NUE), a leading manufacturer of steel and steel products, has issued guidance for the third quarter of fiscal 2025, forecasting a year-over-year decline in net earnings.
- The company said it expects Q2 earnings per share to be in the range of $2.55 to $2.65, vs. $2.68 per share in the year-ago quarter
- On a quarter-over-quarter basis, meanwhile, it sees earnings growth across all three operating segments in Q2, with the largest increase expected in the steel mills segment
- The steel mills segment is expected to benefit from higher average selling prices at the company’s sheet and plate mills
- For the steel products segment, profit is expected to increase sequentially in the second quarter, aided by stable overall pricing, higher volumes, and lower average costs per ton
- In Q2, the company repurchased around 1.8 million shares at an average price of $111.89 per share
- Year-to-date, it has returned approximately $755 million to stockholders in the form of share repurchases and dividend payments
- Nucor is scheduled to report second-quarter results on Monday, July 28, 2025, after markets close
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from KB Home’s (KBH) Q4 2025 earnings results
KB Home (NYSE: KBH) reported its earnings results for the fourth quarter of 2025. Revenues were $1.69 billion, compared to $2.00 billion in the same period a year ago. Net
Key highlights from NIKE’s (NKE) Q2 2026 earnings results
NIKE, Inc. (NYSE: NKE) reported revenues of $12.4 billion for the second quarter of 2026, which were up 1% on a reported basis and flat on a currency-neutral basis compared
Lennar (LEN) continues to battle a stubbornly difficult housing market
Shares of Lennar Corporation (NYSE: LEN) were down 2% on Thursday. The stock has dropped 17% over the past three months. The homebuilder saw its revenues and profits decline in
