Nucor Sees Q2 EPS $5.45-$5.55 vs $5.43 Est.
Portfolio Pulse from Benzinga Newsdesk
Nucor Corporation expects Q2 earnings per share (EPS) to be between $5.45 and $5.55, surpassing the estimated $5.43.
June 15, 2023 | 8:31 pm
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POSITIVE IMPACT
Nucor's Q2 EPS forecast of $5.45-$5.55 exceeds the $5.43 estimate, potentially boosting investor confidence.
Nucor's higher-than-expected Q2 EPS forecast indicates strong financial performance, which could lead to increased investor confidence and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100