Advertisement
Singapore markets closed

  • Straits Times Index

    3,290.70
    +24.75 (+0.76%)
     

  • Nikkei

    38,229.11
    +155.13 (+0.41%)
     

  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     

  • FTSE 100

    8,440.19
    +58.84 (+0.70%)
     

  • Bitcoin USD

    63,025.79
    +2,082.96 (+3.42%)
     

  • CMC Crypto 200

    1,302.78
    -55.23 (-4.07%)
     

  • S&P 500

    5,214.08
    +26.41 (+0.51%)
     

  • Dow

    39,387.76
    +331.36 (+0.85%)
     

  • Nasdaq

    16,346.26
    +43.46 (+0.27%)
     

  • Gold

    2,380.00
    +39.70 (+1.70%)
     

  • Crude Oil

    79.85
    +0.59 (+0.74%)
     

  • 10-Yr Bond

    4.4490
    -0.0430 (-0.96%)
     

  • FTSE Bursa Malaysia

    1,600.67
    -0.55 (-0.03%)
     

  • Jakarta Composite Index

    7,088.79
    -34.81 (-0.49%)
     

  • PSE Index

    6,511.93
    -30.53 (-0.47%)
     

Nucor: 3Q Earnings Snapshot

Nucor: 3Q Earnings Snapshot

Associated Press

CHARLOTTE, N.C. (AP) _ Nucor Corp. (NUE) on Thursday reported third-quarter net income of $676.7 million.

The Charlotte, North Carolina-based company said it had profit of $2.13 per share. Earnings, adjusted for one-time gains and costs, were $2.33 per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.35 per share.

The steel company posted revenue of $6.74 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $6.52 billion.

Nucor shares have fallen 7 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 5 percent. The stock has increased 3.5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NUE at https://www.zacks.com/ap/NUE