16
Mar
15:53
Nucor sees record earnings ahead in 2021
US steel producer Nucor expects to set a new company earnings record in the first quarter, Kallanish learns from a guidance statement.
Moreover, a second record may be coming in Q2.
Nucor anticipates earnings of $3-3.10/diluted share in Q1, above earnings in even the heady 2008 market. The previous record was set in Q3 2008 with $2.31/share or $734.6 million. In Q1 2020, the company earned $0.07/share, or $20.3m. Q1 2020 was heavily impacted, however,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous