secwatch.observer — SEC 8-K summary
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Issuer:     NUCOR CORP (NUE)
CIK:        0000073309
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0001193125-24-182285
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 2024 EPS $2.68, down 54% YoY; guides Q3 lower on weak pricing
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- Net earnings attributable to stockholders of $645.2M ($2.68/diluted share), down from $1.46B ($5.81) in Q2 2023.
- Net sales of $8.08B, down 15% YoY; total tons shipped 6.289M, down 5% YoY.
- Steel mills segment earnings $645M, down 54% from Q2 2023; steel products segment earnings $441M, down 56% from Q2 2023.
- Operating rate 75% in Q2 vs 84% a year ago; pre-operating costs $137M for growth projects.
- Expects Q3 earnings to decrease from Q2 due to lower selling prices in steel mills and steel products segments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73309/000119312524182285/0001193125-24-182285-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73309/000119312524182285/d860082d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-182285

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