Nucor (NUE) Surpasses Q3 Earnings, Lags Revenue Estimates
Nucor Corporation NUE reported lower profits in third-quarter 2019. The steel giant logged net earnings of $275 million or 90 cents per share, down from $676.7 million or $2.13 in the year-ago quarter. Nevertheless, earnings beat the Zacks Consensus Estimate of 80 cents.
Nucor recorded net sales of $5,464.5 million, down roughly 19% year over year. The figure missed the Zacks Consensus Estimate of $5,595 million.
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https://finance.yahoo.com/news/nucor-nue...02013.html
Nucor Corporation NUE reported lower profits in third-quarter 2019. The steel giant logged net earnings of $275 million or 90 cents per share, down from $676.7 million or $2.13 in the year-ago quarter. Nevertheless, earnings beat the Zacks Consensus Estimate of 80 cents.
Nucor recorded net sales of $5,464.5 million, down roughly 19% year over year. The figure missed the Zacks Consensus Estimate of $5,595 million.
...
https://finance.yahoo.com/news/nucor-nue...02013.html
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