17
Dec
15:35
Nucor to roughly double earnings in Q4
Nucor expects its earnings to nearly double on-quarter in Q4, Kallanish learns from the company’s guidance statement.
Nucor believes earnings will come in between $1.15-1.20/share, up from $0.63/share ($193.4 million) in Q3.
“Earnings in the fourth quarter of 2020 are improving compared to the third quarter of 2020 primarily due to higher pricing at our sheet and plate mills,” Nucor says. “Reflecting our product diversity, our …
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Anonymous
Very good overview of the weekly steel market.
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