|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||64.91 - 66.47|
|52-week range||51.67 - 70.48|
|PE ratio (TTM)||16.19|
|Earnings date||17 Oct 2018 - 22 Oct 2018|
|Forward dividend & yield||1.52 (2.37%)|
|1y target est||77.77|
Jim Cramer hears from Nucor Chairman, President and CEO John Ferriola, who touts the effects of President Donald Trump's steel and aluminum tariffs.
Its $2.13-per-share earnings result was just above the high end of its recently issued expectations, and easily its highest since before the Great Recession.
On July 19, Nucor (NUE) released its second-quarter earnings. AK Steel’s (AKS) earnings are scheduled to be released on July 30. U.S. Steel Corporation (X) and ArcelorMittal (MT) are expected to release their second-quarter earnings on August 1.
The Charlotte, North Carolina-based company said it had net income of $2.13 per share. The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research ...
We’re into the second-quarter earnings season. Nucor (NUE) is scheduled to kick off the earnings season on July 19. AK Steel (AKS) is scheduled to release its second-quarter earnings on July 30. ArcelorMittal (MT) and U.S. Steel Corporation (X) are slated to release their earnings on August 1. In this part, we’ll see what analysts are projecting for U.S. Steel Corporation’s earnings in the coming quarters.
Cleveland-Cliffs (CLF) has accumulated debt over a number of years. In this context, we’ll discuss Cleveland-Cliffs’ ability to generate FCF (free cash flow). Cliffs generated FCF of $182 million in 2017, which mostly went toward the enhancement of its core business, including its acquisition of the remaining minority interest in both the Tilden and Empire mines.
Higher expected selling prices and profitability across all steel mill product groups are likely to support Nucor's (NUE) Q2 earnings.
Analysts’ EBITDA estimates reflect their expectations for a company’s future profitability. Analysts usually derive these estimates from revenue projections, margin assumptions, or cost projections.
Previously in this series, we looked at Nucor’s (NUE) second-quarter earnings estimate. In this part, we’ll look at some key updates the markets should watch in Nucor’s second-quarter earnings call. US steel prices have spiked to multiyear highs this year as Section 232 tariffs have boosted US steel producers’ pricing power.
Nucor’s (NUE) second-quarter earnings are expected on July 19. Let’s see what analysts are projecting for the company’s second-quarter earnings and stack that against its guidance. Other steel companies, including U.S. Steel Corporation (X) and AK Steel (AKS), are also expected to post higher revenues in the second quarter.
Nucor (NUE), the leading US-based steel producer, is scheduled to release its second-quarter earnings on July 19. AK Steel (AKS) has scheduled its second-quarter earnings release for July 30, while U.S. Steel Corporation’s (X) earnings are scheduled for August 1. ArcelorMittal (MT), the world’s largest steel producer, is expected to release its second-quarter earnings on August 1.
It is too early to assess which industries will suffer the most because of the trade war, but it can be safely said that domestic steelmakers stand to gain the most.
Among the analysts polled by Thomas Reuters on July 6, four analysts rate Nucor (NUE) as a “strong buy,” seven analysts rate it as a “buy” or some equivalent, and four analysts rate it as a “hold.” Nucor hasn’t received any “sell” ratings. The stock’s mean consensus target price of $77.7 represents 22.6% upside over its closing prices on July 6.
Nucor Corporation (NUE) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.