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Nucor: Q3 Earnings Snapshot
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CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Nucor Corp. (NUE) on Monday reported third-quarter profit of $1.32 billion.

On a per-share basis, the Charlotte, North Carolina-based company said it had net income of $5.80.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $5.71 per share.

The steel company posted revenue of $11.25 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $10.53 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NUE at https://www.zacks.com/ap/NUE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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