Nucor CFO Says Finished Q2 With Much Lower Margins In Sheet, Plate Steel And Believes Margin Recovery Could Take Some Time - Conf Call [Reuters]
Nucor Corporation (NUE)
Last nucor corporation earnings: 4/28 08:00 am
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Source: Reuters
Nucor Corp (NUE.N) Key Developments | Reuters.com July 18 (Reuters) - Nucor Corp ::NUCOR REPORTS RESULTS FOR SECOND QUARTER OF 2019.Q2 SALES $5.9 BILLION VERSUS REFINITIV IBES ESTIMATE OF $6.02 BILLION.Q2 EARNINGS PER SHARE $1.26.PERFORMANCE OF RAW MATERIALS SEGMENT IS EXPECTED TO DECREASE IN Q3 OF 2019 AS COMPARED TO Q2 OF 2019.PROFITABILITY OF NUCOR'S STEEL PRODUCTS SEGMENT IS EXPECTED TO CONTINUE TO IMPROVE DURING Q3 OF 2019 AS COMPARED TO Q2 OF 2019..UNUSUALLY WET WEATHER AND AGGRESSIVE SUPPLY CHAIN DESTOCKING IMPACTED MILL ORDER RATES IN FIRST HALF OF 2019.EXPECT PERFORMANCE OF STEEL MILLS SEGMENT IN Q3 OF 2019 TO BE LOWER THAN THIS YEAR'S Q2.HAVE SEEN LOWER VOLUMES DURING FIRST HALF OF THIS YEAR RESULTING IN A MORE CHALLENGING PRICE ENVIRONMENT.EXPECT SERVICE CENTER CUSTOMERS WILL RESUME MORE NORMAL MARKET DEMAND-DRIVEN BUYING PATTERNS DURING Q3 OF 2019..REAL DEMAND FOR OUR PRODUCTS REMAINS STRONG IN KEY END-USE MARKETS.SEE HEALTHY CONDITIONS IN END-USE MARKETS THAT TYPICALLY AC
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NUE
Earnings
- 10/21/24 - Miss
NUE
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form 144
- 11/7/24 - Form 4
- NUE's page on the SEC website