Nucor Corp. (NYSE:NUE) posted its second-quarter results after Monday’s closing bell. Here’s a look at the details inside the report.
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Nucor Q2 Details
Nucor reported quarterly earnings of $4.84 per share, which beat the consensus estimate of $4.38 by 10.5%
Quarterly revenue came in at $10.4 billion, which beat the analyst consensus estimate of $10.14 billion and was up from $8.46 billion in the same period last year.
“Investment across key sectors of the U.S. economy, combined with supportive federal trade policies, drove a second consecutive quarterly record for Nucor steel mill shipments,” said CEO Leon Topalian.
NUE Stock Price Activity: According to data from Benzinga Pro, Nucor stock was somewhat flat at $245.50 in Monday’s extended trading, according to Benzinga Pro data.
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