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rawsteel

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rawsteel

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Thursday, 07/21/2022 8:51:59 AM

Thursday, July 21, 2022 8:51:59 AM

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08:38 AM EDT, 07/21/2022 (MT Newswires) -- Nucor (NUE) reported Q2 earnings of $9.67 per diluted share Thursday, compared with $5.04 a year earlier. Analysts polled by Capital IQ were expecting $8.60 per share.
Revenue for the quarter ended July 2 was $11.79 billion, compared with $8.79 million a year earlier. Analysts surveyed by Capital IQ were expecting $11.59 billion.
Nucor said it expects Q3 profitability to be less than in Q2, but that it believes 2022 "will be the most profitable year in Nucor's history."

Better guidance than expected

NEVER ARGUE WITH STUPID PEOPLE. THEY WILL DRAG YOU DOWN TO THEIR LEVEL AND BEAT YOU WITH EXPERIENCE.” - Mark Twain

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