Nucor: Q2 Earnings Snapshot
By AP News
Published - Jul 24, 2023, 04:56 PM ET
Last Updated - Jul 24, 2023, 04:56 PM EDT
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Nucor Corp. (NUE) on Monday reported second-quarter net income of $1.46 billion.
The Charlotte, North Carolina-based company said it had profit of $5.81 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $5.59 per share.
The steel company posted revenue of $9.52 billion in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $9.73 billion.
