Industry News

Nucor (NUE) Tops Earnings Estimates in Q4 on Higher Steel Prices

Views : 188
Update time : 2022-01-28 21:37:58
Nucor Corporation NUE recorded net earnings of $2,250.4 million or $7.97 per share in fourth-quarter 2021, surging from net earnings of $398.8 million or $1.30 per share in the year-ago quarter. Earnings per share topped the Zacks Consensus Estimate of $7.82.

The company logged net sales of $10,364.4 million, up around 97% year over year. The figure, however, missed the Zacks Consensus Estimate of $10,557.5 million. The company benefited from a rally in sales prices in the quarter.
Related News
Read More >>
Global stainless steel summit in Mumbai to discuss India’s challenges over rising imports Global stainless steel summit in Mumbai to discuss India’s challenges over rising imports
May .27.2025
Global stainless steel summit in Mumbai to discuss India’s challenges over rising imports
Nickel price increases on May 23 following sharp decline in US dollar & continued drops in inventories Nickel price increases on May 23 following sharp decline in US dollar & continued drops in inventories
May .27.2025
Nickel price increases on May 23 following sharp decline in US dollar & continued drops in inventories
China’s alumina prices climb due to tight supply and cost support China’s alumina prices climb due to tight supply and cost support
May .27.2025
China’s alumina prices climb due to tight supply and cost support
Great China Metal sees NT dollar strength as advantage for aluminum imports Great China Metal sees NT dollar strength as advantage for aluminum imports
May .27.2025
Great China Metal sees NT dollar strength as advantage for aluminum imports