Nucor (NUE) Q4 EPS Guidance Misses Consensus
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Nucor Announces Guidance for Fourth Quarter of 2019 Earnings
December 12, 2019 9:00 AM ESTCHARLOTTE, N.C., Dec. 12, 2019 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its fourth quarter ending December 31, 2019. Nucor expects fourth quarter earnings to be in the range of $0.25 to $0.30 per diluted share. This range is a decrease compared to third quarter of 2019 earnings of $0.90 per diluted share and a decrease relative to fourth quarter of 2018 earnings of $2.07 per diluted share.
The performance of the steel mills segment in the fourth quarter of 2019 is expected to decrease compared to the third quarter of 2019 as lower steel... More
