Nucor ( (NUE) ) just unveiled an announcement.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Nucor Corporation reported a decrease in net earnings for the third quarter of 2024, with $249.9 million or $1.05 per share, compared to previous quarters. Despite this, adjusted earnings stood at $353.0 million, supported by strong cash flow and strategic growth projects. Nucor’s resilience in a fluctuating market is attributed to its diverse product range and robust financial position, enabling continued shareholder returns through dividends and share repurchases. The company remains a leader in the North American steel sector with solid credit ratings.
Find detailed analytics on NUE stock on TipRanks’ Stock Analysis page.
