Goldman Sachs Not Surprised by Nucor (NUE) Guidance
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Nucor (NUE) Guides Q1 EPS Below Consensus
March 14, 2013 9:03 AM EDTNucor Corporation (NYSE: NUE) announced guidance for its first quarter ending March 30, 2013.
Nucor expects first quarter results to be in the range of $0.20 to $0.25 per diluted share. This performance is consistent with the qualitative guidance presented in our fourth quarter of 2012 earnings release and conference call which stated, "We currently expect to see first quarter 2013 earnings below our results in the fourth quarter of 2012." This range represents a decrease from the first quarter of 2012 earnings of $0.46 per diluted share... More
