Nucor (NUE) Tops Q1 EPS by 13c, Revenues Beat

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Nucor Reports Results for First Quarter of 2019

April 23, 2019 7:30 AM EDT

CHARLOTTE, N.C., April 23, 2019 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings of $501.8 million, or $1.63 per diluted share, for the first quarter of 2019. By comparison, Nucor reported consolidated net earnings of $646.8 million, or $2.07 per diluted share, for the fourth quarter of 2018 and $354.2 million, or $1.10 per diluted share, for the first quarter of 2018.

"Our diversified business model helped us to once again deliver a significant year-over-year improvement in first quarter earnings," said John Ferriola, Nucor's Chairman, Chief Executive Officer and President. "Our plate, bar, and structural... More