Nucor Corp. Reveals Rise In Q2 Bottom Line

Nucor Corp. (NUE) reported earnings for its second quarter that rose from the same period last year.

The company’s bottom line totaled $683.15 million, or $2.13 per share. This compares with $323.05 million, or $1.00 per share, in last year’s second quarter.

Analysts had expected the company to earn $2.09 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 25.0% to $6.46 billion from $5.17 billion last year.

Nucor Corp. earnings at a glance:

-Earnings (Q2): $683.15 Mln. vs. $323.05 Mln. last year.
-EPS (Q2): $2.13 vs. $1.00 last year.
-Analysts Estimate: $2.09
-Revenue (Q2): $6.46 Bln vs. $5.17 Bln last year.

by RTTNews Staff Writer

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