(123rf.com Image)
Nucor Corporation (NYSE: NUE) announced guidance for its third quarter ending Oct. 4, 2025.
Nucor expects third quarter earnings to be in the range of $2.05 to $2.15 per diluted share.
Nucor reported net earnings of $2.60 per diluted share in the second quarter of 2025 and $1.05 per diluted share in the third quarter of 2024.
Third Quarter of 2025 CommentaryEarnings in the third quarter of 2025 are expected to decrease across all three operating segments as compared to the second quarter of 2025.
The expected decrease in the steel mills segment earnings is primarily due to lower volumes coupled with margin compression.
In the steel products segment, earnings are expected to decrease due to higher average costs per ton on stable average realized pricing and volumes.
The raw materials segment is expected to have lower earnings in the third quarter of 2025 due to lower profitability in scrap processing operations.
During the third quarter, Nucor has repurchased approximately 0.7 million shares at an average price of $140.46 per share (approximately 4.8 million shares year-to-date at an average price of $126.26 per share).
Nucor has returned approximately $985 million to stockholders in the form of share repurchases and dividend payments year-to-date.
Nucor has facilities in South Carolina, including Nucor Steel Berkeley in Huger.
CBRE announces sale of Remount I & II, a 305,114-sq.-ft. office/industrial park located at 1101 and 1141 Remount Road in North Charleston, S.C., to Accordia Real Estate for $48.05 million. Read More »
Comments
No comments on this item Please log in to comment by clicking here