Nucor (NYSE: NUE) closed at $198.18 in the latest trading session, marking a -0.85% move from the prior day. This change was narrower than the S&P 500's 0.95% loss on the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq decreased by 0.84%.
Shares of the steel company have appreciated by 9.29% over the course of the past month, outperforming the Basic Materials sector's gain of 4.98% and the S&P 500's gain of 1.78%.
The investment community will be closely monitoring the performance of Nucor in its forthcoming earnings report. The company is scheduled to release its earnings on April 22, 2024. The company's upcoming EPS is projected at $3.62, signifying a 18.65% drop compared to the same quarter of the previous year. Meanwhile, the ...