Nucor (NYSE: NUE) will be releasing its next round of earnings this Tuesday, Jan. 29. For all of the relevant information, here is your guide for the Q4 earnings announcement.
Earnings and Revenue
Nucor EPS is expected to be around $1.94, according to sell-side analysts. Sales will likely be near $6.31 billion.
In the same quarter last year, Nucor reported EPS of 65 cents on revenue of $5.09 billion. The Wall Street estimate would represent a 198.46 percent increase in the company's earnings. Revenue would be up 23.92 percent from the same quarter last year. Nucor's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q3 2018||Q2 2018||Q1 2018||Q4 2017|
Over the last 52-week period, shares are down 15.81 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Nucor stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Nucor's Q4 conference call is scheduled to begin at 2:00 p.m. ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/913/28934
See more from Benzinga
- Xerox's Q4 Earnings Outlook
- Harley-Davidson Q4 Earnings Preview
- Q4 Earnings Preview For Polaris Industries
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.