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More on Nucor's (NUE) Q3 results: Average sales price per ton -3% Q/Q, -8% Y/Y. Total shipments...

More on Nucor's (NUE) Q3 results: Average sales price per ton -3% Q/Q, -8% Y/Y. Total shipments to outside customers was 5.76M tons, -3% Q/Q and a slight decrease Y/Y. NUE expects a further reduction in earnings in Q4, citing high import levels, excess domestic sheet supply, and slowing economic growth both domestically and globally. NUE -1% premarket.
Comments (1)
  • toolpusher
    , contributor
    Comments (34) | Send Message
     
    Funny, I had the impression yesterday that they would beat estimates. Stock rose. But their outlook certainly makes sense even if the market doesn't.
    18 Oct 2012, 12:48 PM Reply Like
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