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Stock impact report

Is Nucor Corporation (NUE) One of the Best Stocks to Invest in for Good Returns? [Yahoo! Finance]

Nucor Corporation (NUE) 
Last nucor corporation earnings: 4/28 08:00 am Check Earnings Report
US:NYSE Investor Relations: nucor.com/investor
Company Research Source: Yahoo! Finance
The rating comes on the heels of the company announcing that it expects first-quarter earnings to be in the range of $2.70 to $2.80 per diluted share. Net Earnings in the first quarter of last year came in at $0.67 and $0.77 on an adjusted basis per diluted share. Is Nucor Corporation (NUE) One of the Best Stocks to Invest in for Good Returns? Christian Lagerek/Shutterstock.com The company expects first-quarter earnings to increase in all the operating segments compared to the fourth quarter. The largest increase is expected in the steel mills segment as the company capitalizes on higher average selling prices and volumes across all product groups. The raw materials segment is also expected to post slightly higher earnings. Nucor Corp. (NYSE:NUE) has already repurchased 0.7 million shares during the first quarter at an average price of $175.19 a share. It has also returned $250 million to shareholders through stock buybacks and dividend payments. Nucor Corporation (NYSE:NUE) Show less Read more
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