Nucor (NUE) Tops Q4 EPS by 4c, Revenues Beat

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Nucor Reports Results for Fourth Quarter and Year Ended 2019

January 28, 2020 8:00 AM EST

CHARLOTTE, N.C., Jan. 28, 2020 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings of $107.8 million, or $0.35 per diluted share, for the fourth quarter of 2019. Included in the fourth quarter of 2019 earnings are non-cash impairment charges of $66.9 million, or $0.17 per diluted share. By comparison, Nucor reported consolidated net earnings of $275.0 million, or $0.90 per diluted share, for the third quarter of 2019 and consolidated net earnings of $646.8 million, or $2.07 per diluted share, for the fourth quarter of 2018.

For the full year 2019, Nucor reported consolidated net earnings of $1.27 billion, or $4.14 per diluted share,... More