Nucor Corporation announced guidance for its second quarter ending July 4, 2026, expecting earnings in the range of $4.70 to $4.80 per diluted share. Excluding a non-cash benefit of approximately $0.20 per diluted share related to an increase in the value of its investment in fusion energy company Helion, adjusted earnings are expected to be between $4.50 and $4.60 per share. This compares to net earnings of $3.23 per share in the first quarter of 2026 and $2.60 per share in the second quarter of 2025. The company anticipates higher earnings across all three operating segments versus the prior quarter, with the steel mills segment seeing the largest increase due to higher average selling prices, stable volumes, and approximately $130 million in cash refunds from prior-period raw materials procurement costs. Nucor has returned about $630 million to stockholders through share repurchases and dividends year-to-date as of June 17, 2026.
Nucor CorpNucor issued strong Q2 earnings guidance of $4.70-$4.80 per share, well above prior quarters, driven by higher steel prices and cash refunds.