Nucor (NUE) Guides Q2 EPS Below Consensus

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Go back to Nucor (NUE) Guides Q2 EPS Below Consensus

Analyst trims Nucor price target as steelmaker’s Q2 guidance falls short

June 14, 2024 9:45 AM EDT

Shares in Nucor (NYSE: NUE) fell slightly following the market open on Friday after the steelmakers guidance for the fiscal Q2 missed analyst expectations.

The company said it expects Q2 earnings per share (EPS) to be between $2.20 and $2.30, notably below the consensus estimate... More