Nucor Q4 revenue and adjusted EPS miss estimates

Overview

• Steel manufacturer Nucor's Q4 revenue missed analyst expectations

• Adjusted EPS for Q4 missed analyst expectations

• Company expects earnings to increase across all segments in Q1 2026

Outlook

• Nucor expects Q1 2026 earnings to rise across all segments

• Company anticipates higher volumes and prices in steel mills segment

• Nucor sees robust demand and strong backlogs in key markets, in 2026

Result Drivers

• STEEL MILLS SEGMENT - Earnings decreased due to lower volumes and margin compression, particularly in sheet products

• STEEL PRODUCTS SEGMENT - Earnings declined due to lower volumes and higher costs, partially offset by higher pricing

• RAW MATERIALS SEGMENT - Earnings decreased due to scheduled outages, partially offset by insurance recoveries

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the iron & steel peer group is "buy"

• Wall Street's median 12-month price target for Nucor Corp is $180.00, about 0.9% below its January 23 closing price of $181.65

• The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPnc5QLBGa

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