Nucor is expected to report fourth-quarter profits lower than Wall Street's expectations.

Gelonghui, December 17 | United States Steel manufacturer Nucor Corporation expects that fourth-quarter profits will fall short of Wall Street expectations, stating that the decline in its steel mill sector's revenues is due to a reduction in output and a decrease in average sales prices. The company expects fourth-quarter diluted earnings per share to be between $0.55 and $0.65, below the Analyst's expectation of $0.90. However, the company anticipates that its raw materials sector's earnings will increase year-on-year in the fourth quarter.

Gelonghui Finance26minutes ago

Tianfeng: The "calm period" before Trump's inauguration.

The main risk in the future is that the currently relatively stable debt situation of the USA households may undergo nonlinear changes, rapidly deteriorating and leading to interest rate cuts by the Federal Reserve being greater than expected.

Zhitong Finance29minutes ago

Nucor Warns of Big Hit to 4Q Earnings From Lower Steel Prices

WSJ06:56

Nucor Reports Over $2.73 Billion of Share Repurchases, Dividend Payments Year-to-Date

MT Newswires06:41

Nucor Guides Q4 EPS Below Consensus

Investing06:16

Nucor: Largest Driver for Expected Decrease in Earnings in 4Q Is Decreased Earnings of Steel Mills Segment Caused by Decreased Volumes and Lower Avg Selling Prices >NUE

Dow Jones06:07