NUE - Nucor Posts Q4 Earnings Beat States It Sees An Increase In Q1 Earnings Stock Rises | Benzinga
Nucor Corp (NYSE: NUE) shares are trading higher in Monday's after-hours session after the company reported its fourth-quarter financial results.
What To Know: Nucor reported quarterly earnings of $3.16 per share which topped analyst estimates of $2.87 per share.
Quarterly sales of $7.70 billion clocked in above analyst expectations of $7.65 billion, an 11.74% decrease over sales of $8.72 billion from the same period last year.
Approximately 5.93 million tons were shipped to outside customers, a 5% decrease from the third quarter of 2023 and a 3% increase year-over-year. Total steel mill shipments fell 4% compared to the third quarter ...