1 hour ago

Nucor Corporation (NUE) Stock: Q2 Earnings Surge as Steel Mill Shipments Hit Record

TLDR Nucor Q2 earnings jumped as record steel shipments lifted profitability. Steel mills delivered higher profits on stronger pricing and volumes. Raw materials and steel products segments posted solid quarterly gains. Nucor returned $479 million through dividends and share buybacks. Management expects stronger Q3 earnings as steel demand improves. Nucor Corporation (NYSE: NUE) closed at [...]

The post Nucor Corporation (NUE) Stock: Q2 Earnings Surge as Steel Mill Shipments Hit Record appeared first on Blockonomi.

Source: Blockonomi →