Industry News

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

Views : 195
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 >>
ArcelorMittal sells Bosnian operations to Pavgord Group ArcelorMittal sells Bosnian operations to Pavgord Group
Jun .24.2025
ArcelorMittal sells Bosnian operations to Pavgord Group
Global stainless steel output rises in Q1 Global stainless steel output rises in Q1
Jun .24.2025
Global stainless steel output rises in Q1
India to impose AD duty on aluminum foil from China India to impose AD duty on aluminum foil from China
Jun .24.2025
India to impose AD duty on aluminum foil from China
US to maintain AD & CVD duties on steel threaded rod imports US to maintain AD & CVD duties on steel threaded rod imports
Jun .24.2025
US to maintain AD & CVD duties on steel threaded rod imports