Nucor Projects Second-Quarter Earnings Increase on Higher Prices

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Nucor Corporation has issued second-quarter 2026 earnings guidance, projecting earnings per share between $4.70 and $4.80. Excluding a non-cash benefit related to its investment in fusion energy company Helion, adjusted EPS is expected to range from $4.50 to $4.60, up from $3.23 in the first quarter of 2026 and $2.60 in the second quarter of 2025. The company anticipates sequential growth across all three operating segments, with the steel mills segment seeing the largest increase due to higher average selling prices and stable volumes, aided by approximately $130 million in cash refunds tied to prior raw materials procurement costs. The steel products segment is expected to benefit from higher volumes and slightly improved pricing, while the raw materials segment should see gains from stronger realized prices. Nucor also continued returning capital to shareholders, repurchasing approximately 1.12 million shares at an average price of $223.47 and returning roughly $630 million through buybacks and dividends as of June 17, 2026.

Impact on stocks 4

Critical Materials & Supply Chain · 2 stocks
Nucor Corp
NUE
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Nucor projects higher Q2 earnings driven by higher average selling prices across segments

Electrification & Mobility · 1 stocks
Materials · 1 stocks

Off-coverage companies 1

Helion EnergyPrivate± Mixed
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