Nucor falls after projecting quarterly profit below estimates

ReutersMar 20, 2025 10:35 PM

Shares of steelmaker Nucor NUE.N fall 3.2% to $125.40 after the bell

NUE forecasts Q1 2025 profit below estimates, as a weak steel pricing environment continues to weigh on its average selling prices

Sees Q1 adj. EPS to range between 50 cents and 60 cents, compared with analysts' estimates of $1.09, according to data compiled by LSEG

Nucor plans to release its Q1 earnings after markets close on April 28, 2025

As of Thursday's close, stock up ~11% YTD

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