Nucor Reports Results for Second Quarter of 2019
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Wall Street rallies as AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips below $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
- Wall Street rallies as AI optimism reignites and Treasury yields retreat
Nucor (NUE) Misses Q2 EPS by 6c, Revenues Miss
July 18, 2019 8:02 AM EDTNucor (NYSE: NUE) reported Q2 EPS of $1.26, $0.06 worse than the analyst estimate of $1.32. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $6.02 billion.
"Unusually wet weather and aggressive supply chain destocking impacted mill order rates in the first half of 2019. We have seen lower volumes during the first half of this year resulting in a more challenging price environment," said John Ferriola, Nucor's Chairman, Chief Executive Officer and President.... More
