Nucor (NYSE:NUE) reported its Q4 earnings results on Monday, January 29, 2024 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Nucor beat estimated earnings by 10.1%, reporting an EPS of $3.16 versus an estimate of $2.87.
Revenue was down $1.02 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.32 which was followed by a 4.75% increase in the share price the next day.
Here’s a look at Nucor’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 4.25 | 5.53 | 3.81 | 4.19 |
| EPS Actual | 4.57 | 5.81 | 4.45 | 4.89 |
| Revenue Estimate | 8.31B | 9.62B | 9.00B | 8.43B |
| Revenue Actual | 8.78B | 9.52B | 8.71B | 8.72B |
To track all earnings releases for Nucor visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
