Shares of Nucor (NYSE:NUE) moved higher by 0.4% in pre-market trading after the company reported Q2 results.
Earnings per share were down 72.52% over the past year to $0.36, which beat the estimate of $0.13.
Revenue of $4,327,000,000 decreased by 26.61% year over year, which missed the estimate of $4,460,000,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Jul 23, 2020
Time: 05:00 PM
ET Webcast URL: https://www.webcaster4.com/Webcast/Page/913/35658
Company's 52-week high was at $58.70
Company's 52-week low was at $27.52
Price action over last quarter: down 0.49%
The largest steelmaker in the United States by production volume, Nucor uses electric arc furnaces to produce a wide variety of steel products that service all major end markets. Nucor is involved in every phase of the steelmaking value chain, from collecting and processing scrap to manufacturing value-added fabricated steel products.
See more from Benzinga
- Earnings Scheduled For July 23, 2020
- 10 Basic Materials Stocks Moving In Thursday's Pre-Market Session
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.