Nucor: A Contrarian Bull Case [Seeking Alpha]
Nucor Corporation (NUE)
Last nucor corporation earnings: 4/28 08:00 am
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US:NYSE Investor Relations:
nucor.com/investor
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Source: Seeking Alpha
12min Summary Nucor Corporation, the largest steel producer and scrap recycler in the US, faces tough competition from Chinese steel exporters, impacting its market performance. Despite better-than-expected Q3 2024 adjusted EPS and revenue, Nucor saw significant declines in net revenue, EBIT, and EBITDA due to weak pricing and lower shipments. While long-term operating margins align with pre-2021 levels, recent quarters show significant margin compression due to market headwinds and reduced pricing power. Despite tough current market conditions, Nucor will benefit from bipartisan support for the steel industry and strong demand in key end markets. Monty Rakusen Nucor Corporation NYSE: NUE ) is a steel and steel product manufacturer and is currently the largest steel producer and scrap recycler in the US. The company has three major segments, but the largest includes its steel mill operations This article was written by MTS Insights Follower s Follow Earnings a
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NUE
News
- Why Is Nucor (NUE) Down 0.9% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- An Intrinsic Calculation For Nucor Corporation (NYSE:NUE) Suggests It's 33% Undervalued [Yahoo! Finance]Yahoo! Finance
- Jim Cramer Recommends Nucor (NUE) After Trump Victory [Yahoo! Finance]Yahoo! Finance
- Jim Cramer Says That President-Elect Donald Trump ‘Should Protect Nucor Corporation (NUE) From Chinese Steel' [Yahoo! Finance]Yahoo! Finance
- Electra CEO Named to the 2024 TIME100 Climate List of Most Influential Leaders Driving Climate Action [Yahoo! Finance]Yahoo! Finance
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