Nucor: Q3 Earnings Insights

Nucor NUE reported its Q3 earnings results on Thursday, October 20, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Nucor missed estimated earnings by 2.84%, reporting an EPS of $6.5 versus an estimate of $6.69.

Revenue was up $188.00 million from the same period last year.

Last quarter the company beat on EPS by $1.28 which was followed by a 6.74% drop in the share price the next day.

Here's a look at Nucor's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	8.39	7.29	7.89	7.19
EPS Actual	9.67	7.67	7.97	7.28
Revenue Estimate	11.46B	10.48B	10.55B	10.15B
Revenue Actual	11.79B	10.49B	10.36B	10.31B

To track all earnings releases for Nucor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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