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Stock impact report

Nucor to Report Q4 Earnings: What's in the Offing for the Stock? [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 U.S. steel giant surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once. It has a trailing four-quarter earnings surprise of roughly 31.4%, on average. It posted an earnings surprise of 22.3% in the last reported quarter. NUE is expected to have benefited from favorable steel prices in the fourth quarter. However, seasonality and lower shipment volumes are likely to have impacted its performance. Nucor's shares have gained 42.9% over the past year compared with the Zacks Steel Producers industry's 50.2% growth. Image Source: Zacks Investment Research Let's see how things are shaping up for this announcement. The Zacks Consensus Estimate for fourth-quarter consolidated revenues for Nucor is currently pegged at $7,768.3 million, indicating a year-over-year rise of 9.8%. Lower segment earnings are likely to have adversely impacted NUE's performance in the December quarter. Nucor, last month, said that it expects earnings to decrease a Show less Read more
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