secwatch.observer — SEC 8-K summary
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Issuer:     NUCOR CORP (NUE)
CIK:        0000073309
Form:       8-K
Filed at:   2024-04-22T23:59:59+00:00
Accession:  0001193125-24-105065
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nucor Q1 2024 EPS $3.46, net sales $8.14B; Q2 guidance calls for lower earnings
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- Net earnings $844.8M ($3.46/diluted sh) vs Q4 2023 $785.4M ($3.16) and Q1 2023 $1.14B ($4.45).
- Steel mills segment earnings $1.102B, up from $838M in Q1 2023; steel products segment $511.6M, down from $970.8M.
- Total shipments 6.22M tons, up 5% QoQ; average sales price up 1% QoQ but down 3% YoY.
- Q2 2024 earnings expected to decrease from Q1, led by lower steel mill average selling prices.
- Repurchased 5.5M shares at avg $180.79; $2.32B remaining; $0.54 dividend payable May 10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73309/000119312524105065/0001193125-24-105065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73309/000119312524105065/d817744d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-105065

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