earnings
confidence high
sentiment negative
materiality 0.70
Nucor Q4 2024 EPS $1.22 vs $3.16 YoY; net sales $7.08B down 8%
NUCOR CORP
2024-FY EPS reported
$8.46
revenue$30,734,000,000
- Full-year 2024 EPS $8.46 vs $18.00 in 2023; net sales $30.73B, down 11% YoY.
- Steel mills segment earnings fell to $169M in Q4 from $588M a year ago; steel products $329M vs $656M.
- Q1 2025 outlook: steel mills and products segments similar to Q4; raw materials expected lower.
- Cash and short-term investments $4.14B; $1.75B revolver undrawn; A-/A-/Baa1 credit ratings.
- Dividend $0.55/share payable Feb 11, 2025; repurchased 2.1M shares in Q4 at avg $149.81.