Nucor: Q3 Earnings Insights

Nucor: Q3 Earnings Insights

Nucor NUE reported its Q3 earnings results on Thursday, October 20, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Nucor missed estimated earnings by 2.84%, reporting an EPS of $6.5 versus an estimate of $6.69.

Revenue was up $188.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.28 which was followed by a 6.74% drop in the share price the next day.

Here's a look at Nucor's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 8.39 7.29 7.89 7.19
EPS Actual 9.67 7.67 7.97 7.28
Revenue Estimate 11.46B 10.48B 10.55B 10.15B
Revenue Actual 11.79B 10.49B 10.36B 10.31B

To track all earnings releases for Nucor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings