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Nucor Corporation Message Board

  • benniebernakster benniebernakster Jul 18, 2013 7:48 AM Flag

    Q2 estimates cut by 30% in the last 3 months and 60% since January... lol


    Full year estimates for 2013 and 2014 are way too high with this lousy economy and fake "recovery". GDP for Q2 will print at about 1% and will drop off even more in Q3.

    CEO will probably deliver the same mantra all of them have been repeating for a few quarters now "we expect things to get better... bla bla bla" to keep the share price afloat. We've been hearing this from CEO's and the lame stream media for a couple years now - and things are getting worse. They are worse now than 2 years ago.

    Oh well, just lower the bar on earnings, give fake guidance and Wall Street can say "NUE BEATS THE STREET AND CEO SEES BETTER DAYS AHEAD"... lol lol

    This topic is deleted.
53.91-0.49(-0.90%)Nov 24 4:04 PMEST

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