Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1

Published on 23 Apr 2024 on Zacks via Yahoo Finance

Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1

Nucor Corporation NUE reported earnings of $3.46 per share in first-quarter 2024, down from earnings of $4.45 in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of $3.62.The company recorded net sales of $8,137.1 million, down around 7% year over year. The figure beat the Zacks Consensus Estimate of $8,030.1 million.

Nucor Corporation Price, Consensus and EPS Surprise

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NYSE.NUE price evolution

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Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1

NYSE.NUE price evolution

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