Last $54.06 USD
Change Today +0.99 / 1.87%
Volume 3.1M
NUE On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 4:15 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

nucor corp (NUE) Key Developments

Nucor Corporation Provides Capital Spending Guidance for 2014

For 2014, Nucor Corporation continues to estimate capital spending will be approximately $600 million.

Nucor Corporation Reports Unaudited Consolidated Earnings and Operating Results for the Third Quarter and Nine Months Ended October 4, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014

Nucor Corporation reported unaudited consolidated earnings and operating results for the third quarter and nine months ended October 4, 2014. For the quarter, net sales were $5,701,869,000 against $4,940,936,000 a year ago. Earnings before income taxes and non-controlling interests were $403,985,000 against $248,202,000 a year ago. Net earnings attributable to stockholders were $245,447,000 or $0.76 per basic and diluted share against $147,597,000 or $0.46 per basic and diluted share a year ago. Third quarter of 2014 diluted net earnings per share was above its guidance range of $0.70 to $0.75 per diluted share due to better than forecasted performance in the steel mills segment partially offset by a larger than expected loss in the raw materials segment. For the nine months, net sales were $16,101,388,000 against $14,157,296,000 a year ago. Earnings before income taxes and non-controlling interests were $853,351,000 against $553,862,000 a year ago. Net earnings attributable to stockholders were $503,519,000 or $1.57 per basic and diluted share against $317,531,000 or $0.99 per basic and diluted share a year ago. Cash provided by operating activities was $925,563,000 against $883,640,000 a year ago. Capital expenditures were $557,249,000 against $887,929,000 a year ago. For the quarter, the company's steel mills production was 5,412,000 tonnes against 5,202,000 tonnes a year ago. For the nine months, the company's steel mills production was 15,930,000 tonnes against 14,912,000 tonnes a year ago. The company currently expects to see a moderate decrease in earnings for the fourth quarter of 2014. The profitability of the steel mills and downstream products segments is expected to be impacted by end of year seasonality that is typical in the fourth quarter.

Nucor Appoints John Farris as Vice President and General Manager of Nucor Steel Gallatin

Nucor revealed the completion of the acquisition of all the equity of Gallatin Steel Company for approximately USD 770 million. In conjunction, John Farris has been elected as vice president and general manager of Nucor Steel Gallatin. Previously, Farris was the vice president and general manager of Nucor Steel Texas.

Nucor Corporation to Report Q3, 2014 Results on Oct 23, 2014

Nucor Corporation announced that they will report Q3, 2014 results at 2:00 PM, US Eastern Standard Time on Oct 23, 2014

Nucor Corporation, Q3 2014 Earnings Call, Oct 23, 2014

Nucor Corporation, Q3 2014 Earnings Call, Oct 23, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NUE:US $54.06 USD +0.99

NUE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alcoa Inc $16.76 USD +0.54
Fortescue Metals Group Ltd A$3.50 AUD +0.06
Severstal OAO 457.10 RUB +11.80
Southern Copper Corp $28.78 USD +0.36
View Industry Companies
 

Industry Analysis

NUE

Industry Average

Valuation NUE Industry Range
Price/Earnings 25.3x
Price/Sales 0.8x
Price/Book 2.2x
Price/Cash Flow 25.1x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NUCOR CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.