Nucor (NUE) Tops Q2 EPS by 23c
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Nucor Reports Results for Second Quarter of 2020
July 23, 2020 8:00 AM EDTCHARLOTTE, N.C., July 23, 2020 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings of $108.9 million, or $0.36 per diluted share, for the second quarter of 2020. By comparison, Nucor reported consolidated net earnings of $20.3 million, or $0.07 per diluted share, for the first quarter of 2020 and $386.5 million, or $1.26 per diluted share, for the second quarter of 2019.
Included in the first quarter of 2020 results were losses on assets of $287.8 million, or $0.92 per diluted share, related to our equity method investment located in Italy, Duferdofin Nucor S.r.l.
In the first... More
