Nucor Corporation (NUE) CEO John Ferriola on Q2 2018 Results - Earnings Call Transcript

Jul. 19, 2018 7:34 PM ETNucor Corporation (NUE) StockNUE1 Comment
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Q2: 2018-07-19 Earnings Summary

EPS of $2.07 misses by $0.02
 | Revenue of $6.46B (24.85% Y/Y) misses by $25.46M

Nucor Corporation (NYSE:NUE) Q2 2018 Results Earnings Conference Call July 19, 2018 2:00 PM ET

Executives

John Ferriola - Chairman, President and CEO
Craig Feldman - EVP, Raw Materials
Jim Frias - CFO
Ladd Hall - EVP, Flat-Rolled Products
Ray Napolitan - EVP, Engineered Bar Products
Dave Sumoski - EVP, Merchant and Rebar Products
Leon Topalian - EVP, Beam and Plate Products
Chad Utermark - EVP, Fabricated Construction Products
Joe Stratman - Chief Digital Officer

Analysts

Chris Terry - Deutsche Bank
Matthew Korn - Goldman Sachs
Seth Rosenfeld - Jefferies
Timna Tanners - Bank of America Merrill Lynch
Phil Gibbs - KeyBanc Capital Markets
Piyush Sood - Morgan Stanley
Alex Hacking - Citi

Operator

Good day, everyone. Welcome to the Nucor Corporation Second Quarter of 2018 Earnings Call. As a reminder, today’s call is being recorded. Later, we will conduct a question-and-answer session and instructions will come at that time.

Certain statements made during this conference call will be forward-looking statements that involve risks and uncertainties. The words we expect, believe, anticipate and variations of such words and similar expressions are intended to identify those forward-looking statements, which are based on management’s current expectations and information that is currently available. Although Nucor believes they are based on reasonable assumptions, there can be no assurance that future events will not affect their accuracy. More information about the risks and uncertainties related to these forward-looking statements may be found in Nucor’s latest 10-K and subsequently filed 10-Qs, which are available on the SEC’s and Nucor’s website. The forward-looking statements made in this conference call speak only as of this date, and Nucor does not assume any obligation to update them, either as a result of new information, future events or otherwise.

For opening remarks and introductions, I would like to turn the call

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