Nucor (NUE) Guides Q3 EPS Below Views
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Nucor Announces Guidance For Its Third Quarter Earnings
September 14, 2016 9:00 AM EDTCHARLOTTE, N.C., Sept. 14, 2016 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today guidance for its third quarter ending October 1, 2016. Nucor expects third quarter results to be in the range of $0.85 to $0.90 per diluted share. This range is an increase compared to the second quarter of 2016 consolidated net earnings of $0.73 per diluted share and the third quarter of 2015 earnings of $0.71 per diluted share.
Projected third quarter of 2016 results include an estimated LIFO expense of $21.8 million ($0.04 per diluted share), compared to an expense of $19.0 million ($0.03 per diluted share) in the second quarter... More
