Nucor (NUE) reported $7.44 billion in income for the quarter ended September 2024, representing a year-over-year decline of 15.2%. EPS of $1.49 for a similar interval compares to $4.57 a yr in the past.
The reported income represents a shock of +3.33% over the Zacks Consensus Estimate of $7.2 billion. With the consensus EPS estimate being $1.40, the EPS shock was +6.43%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher mission a inventory’s worth efficiency.
Right here is how Nucor carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Gross sales Tons to outdoors buyer (Metal) – Complete Metal Mills: 4,607 KTon in comparison with the 4,543.37 KTon common estimate primarily based on 4 analysts.
- Gross sales in Tons Exterior Prospects – Complete metal merchandise: 1,011 KTon in comparison with the 996.48 KTon common estimate primarily based on 4 analysts.
- Common gross sales worth per ton (Metal) – Complete Metal Mills: 967 $/Ton versus the four-analyst common estimate of 951.42 $/Ton.
- Gross sales in Tons Exterior Prospects – Rebar fabrication merchandise: 278 KTon in comparison with the 246.84 KTon common estimate primarily based on three analysts.
- Gross sales in Tons Exterior Prospects – Different metal merchandise: 291 KTon versus 141.48 KTon estimated by three analysts on common.
- Gross sales Tons to outdoors buyer (Metal) – Sheet: 2,394 KTon versus the three-analyst common estimate of two,321.85 KTon.
- Gross sales Tons to outdoors buyer (Metal) – Bars: 1,402 KTon versus the three-analyst common estimate of 1,399.71 KTon.
- Gross sales Tons to outdoors buyer (Metal) – Structural: 406 KTon in comparison with the 430 KTon common estimate primarily based on three analysts.
- Gross sales Tons to outdoors buyer (Metal) – Plate: 405 KTon in comparison with the 415.6 KTon common estimate primarily based on three analysts.
- Common scrap value per ton: 378 $/Ton versus 382.67 $/Ton estimated by three analysts on common.
- Common gross sales worth per ton (Metal) – Sheet: 913 $/Ton in comparison with the 909.65 $/Ton common estimate primarily based on three analysts.
- Common gross sales worth per ton (Metal) – Bars: 902 $/Ton in comparison with the 908.1 $/Ton common estimate primarily based on three analysts.
View all Key Company Metrics for Nucor here>>>
Shares of Nucor have returned +8.2% over the previous month versus the Zacks S&P 500 composite’s +4.5% change. The inventory at the moment has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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Nucor Corporation (NUE) : Free Stock Analysis Report
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