Nucor (NUE) Reports Q3 Guidance

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Jefferies Reiterates Hold Rating on Nucor (NUE)

September 17, 2024 9:38 AM EDT

Jefferies analyst Christopher LaFemina reiterated a Hold rating and $170.00 price target on Nucor (NYSE: NUE).

The analyst comments "Nucor guided to 3Q diluted EPS of $1.30-1.40 (excluding write-offs), which compares to consensus of $1.81/sh and second quarter earnings of $2.68/sh. The sequential... More