Seeking Alpha

Nucor slips on muted guidance

  • Expected Q2 EPS of $0.35-$0.40 is an increase from $0.27 a year ago, but the low end of the company's previously reported expectations.
  • "Overall operating performance at our steel mills segment is expected to be slightly improved compared to Q1, as improvements in sheet and plate profitability are partially offset by lower profitability in structural steel," says Nucor (NUE -1.7%). "Steel demand continues to be strong, particularly for sheet and plate products."
  • Source: Press release
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector