earnings
confidence high
sentiment positive
materiality 0.85
Nucor posts record Q3 net earnings of $2.13B; EPS $7.28, beats prior record by 44%
NUCOR CORP
2021-Q3 EPS reported
$15.34
revenue$26,119,527,000
- Record net earnings $2.13B, diluted EPS $7.28; Q3 2020 EPS was $0.63.
- Net sales $10.31B, up 109% YoY; steel mills segment earnings before tax $3.12B.
- Expect Q4 2021 net earnings to potentially exceed Q3 record; demand robust into 2022.
- Repurchased 8.2M shares at avg $104.60 in Q3; $1.9B remaining under buyback program.
- Dividend of $0.405 per share declared, payable Nov 10, 2021; 194th consecutive quarterly dividend.