Nucor Corporation projects third quarter 2026 earnings between $5.55 and $5.65 per diluted share, up from $5.04 in the second quarter. The increase is attributed to higher steel mill prices and stable volumes, along with stronger steel product sales, despite a decline in raw materials earnings. The company has repurchased 2.03 million shares in Q3 and returned $1.36 billion to shareholders year-to-date. Nucor will release Q3 results on October 26, 2026, followed by a conference call on October 27.
As of Sep 18, 2026 03:24 WIB, Nucor Corporation (NUE) shares trade at USD 264.93 on Pluang, showing a 1.63% increase in the past day. The stock has a market capitalization of $59.14 billion and an enterprise value of $63.55 billion. Despite the company's guidance for higher earnings in Q3 2026, Pluang order activity currently leans heavily toward selling, with 79% of orders to sell and 21% to buy.
Nucor Corporation announced a $60 million investment to expand its Towers & Structures facility in Trinity, Alabama, which will create 60 new jobs with average wages over $87,000. The expansion aims to increase production of steel poles and structure...
Cleveland-Cliffs reported its best quarter in three years with adjusted EBITDA of $612 million, beating guidance and lifting shares 10%. Despite missing revenue expectations at $5.61 billion, the company saw improved pricing, sales volumes, and profi...
