Nucor (NYSE:NUE) reported its Q2 earnings results on Thursday, July 21, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Nucor beat estimated earnings by 15.26%, reporting an EPS of $9.67 versus an estimate of $8.39.
Revenue was up $3.00 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.38 which was followed by a 8.28% drop in the share price the next day.
Here’s a look at Nucor’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 7.29 | 7.89 | 7.19 | 4.74 |
| EPS Actual | 7.67 | 7.97 | 7.28 | 5.15 |
| Revenue Estimate | 10.48B | 10.55B | 10.15B | 8.31B |
| Revenue Actual | 10.49B | 10.36B | 10.31B | 8.79B |
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.
