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Nucor Shares Flat Despite Q2 Earnings Beat: Details
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Nucor Corp. (NYSE:NUE) posted its second-quarter results after Monday’s closing bell. Here’s a look at the details inside the report. 

Nucor Q2 Details     

Nucor reported quarterly earnings of $4.84 per share, which beat the consensus estimate of $4.38 by 10.5%

Quarterly revenue came in at $10.4 billion, which beat the analyst consensus estimate of $10.14 billion and was up from $8.46 billion in the same period last year.

“Investment across key sectors of the U.S. economy, combined with supportive federal trade policies, drove a second consecutive quarterly record for Nucor steel mill shipments,” said CEO Leon Topalian.

NUE Stock Price Activity: According to data from Benzinga Pro, Nucor stock was somewhat flat at $245.50 in Monday’s extended trading, according to Benzinga Pro data.  

Photo: Shutterstock

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