Nucor Reports Record Quarterly Earnings for the Second Quarter of 2022
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Nucor (NUE) PT Raised to $130 at BMO Capital
July 21, 2022 5:32 PM EDTBMO Capital analyst David Gagliano raised the price target on Nucor (NYSE: NUE) to $130.00 (from $115.00) while maintaining a Market Perform rating following results.
The analyst commented, "Following 2Q'22 results, we are raising estimates (continued strength in downsteam steel products, resilient long... More
Nucor (NUE) Tops Q2 EPS by 141c
July 21, 2022 8:01 AM EDTNucor (NYSE: NUE) reported Q2 EPS of $9.67, $1.41 better than the analyst estimate of $8.26. Revenue for the quarter came in at $11.79 billion versus the consensus estimate of $11.47 billion.
Third Quarter of 2022 Outlook:
As we enter the third quarter, demand... More
