Nucor (NUE) believes its first quarter net earnings could exceed $900 million

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Nucor Provides Update on First Quarter Performance

February 9, 2021 8:30 AM EST

CHARLOTTE, N.C., Feb. 9, 2021 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced that it expects to generate record earnings for its first quarter ending April 3, 2021. Nucor believes its first quarter net earnings could exceed $900 million.

"We are encouraged by positive economic trends and the robust demand we are seeing across our markets," said Leon Topalian, Nucor's President and Chief Executive Officer. "We currently expect our first quarter 2021 results to significantly exceed Nucor's previous record for quarterly net earnings, set in 2008.  As we move through 2021, we remain focused on building on our... More