Nucor (NUE) Tops Q4 EPS by 45c

Nucor (NYSE: NUE) reported Q4 EPS of $1.22, $0.45 better than the analyst estimate of $0.77. Revenue for the quarter came in at $7.08 billion versus the consensus estimate of $6.81 billion.

First Quarter of 2025 Outlook:
We expect earnings in the steel mills and steel products segments to be similar in the first quarter of 2025 as compared to the fourth quarter of 2024. Earnings in the raw materials segment are expected to decrease in the first quarter of 2025 relative to the fourth quarter of 2024. We expect higher corporate, administrative and tax impacts in the first quarter of 2025 than realized in the fourth quarter of 2024 which may result in lower net earnings overall.

For earnings history and earnings-related data on Nucor (NUE) click here.

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