secwatch.observer — SEC 8-K summary
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Issuer:     NUCOR CORP (NUE)
CIK:        0000073309
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0001193125-23-192367
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nucor Q2 EPS $5.81, net sales $9.52B; sees Q3 earnings decline
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- EPS of $5.81 vs $4.45 Q1 and $9.67 YoY; net earnings $1.46B; EBITDA $2.21B.
- Returned $580M via buybacks (3.1M shares at avg $147) and $0.51 dividend.
- Steel mills segment earnings $1.404B; steel products $1.011B; raw materials $138M.
- Outlook: expects Q3 earnings decrease vs Q2, with declines across all segments.
- Operating rate 84%; average scrap cost $455/ton; pre-operating costs $90M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73309/000119312523192367/0001193125-23-192367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73309/000119312523192367/d520760d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-192367

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