Nucor (NUE) Guides Q4 EPS Below Views

Go back to Nucor (NUE) Guides Q4 EPS Below Views

Nucor Announces Guidance For Its Fourth Quarter Earnings

December 14, 2017 9:00 AM EST

CHARLOTTE, N.C., Dec. 14, 2017 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today guidance for its fourth quarter ending December 31, 2017. Nucor expects fourth quarter results to be in the range of $0.50 to $0.55 per diluted share. This range is a decrease compared to the third quarter of 2017 consolidated net earnings of $0.79 per diluted share and is comparable to the fourth quarter of 2016 earnings of $0.50 per diluted share.

Projected fourth quarter of 2017 results do not contain any estimates related to the impact of the proposed federal tax legislation in the United States. Third quarter... More