Recap: Nucor Q1 Earnings

Nucor NUE reported its Q1 earnings results on Thursday, April 20, 2023 at 07:30 AM.

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

Earnings

Nucor beat estimated earnings by 16.8%, reporting an EPS of $4.45 versus an estimate of $3.81.

Revenue was down $1.78 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.7 which was followed by a 1.74% drop in the share price the next day.

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

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.