U.S. Steel (X) Surges 9.5%: Is This an Indication of Further Gains? [Yahoo! Finance]
Nucor Corporation (NUE)
Last nucor corporation earnings: 4/28 08:00 am
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Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 24.2% loss over the past four weeks. U.S. Steel's stock popped on reports that Nippon Steel has proposed giving the U.S. government veto power over any potential reductions in U.S. Steel's production capacity in an effort to secure President Joe Biden's approval for its pending takeover of the Pennsylvania-based steelmaker. This steel maker is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of -104.5%. Revenues are expected to be $3.56 billion, down 14.2% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For U.S. Steel, the consensus EPS estimate for the quarter has been re
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News
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- Nucor Co. (NYSE: NUE) had its price target lowered by analysts at Citigroup Inc. from $240.00 to $160.00. They now have a "buy" rating on the stock.MarketBeat
NUE
Earnings
- 10/21/24 - Miss
NUE
Sec Filings
- 11/22/24 - Form 4/A
- 11/13/24 - Form 4
- 11/12/24 - Form 144
- NUE's page on the SEC website