Nucor posts record Q2 2021 EPS of $5.04; expects Q3 to set new record

NUCOR CORP

2021-Q2 EPS reported $8.13 revenue$15,806,304,000

Record quarterly net earnings $1.51B, EPS $5.04, vs $3.10 in Q1 2021 and $0.36 in Q2 2020.
Net sales $8.79B (+25% QoQ, +103% YoY); total shipments 7.48M tons (+4% QoQ, +37% YoY).
Steel mills and steel products segments both set record quarterly earnings before tax.
Raw materials segment earnings declined due to higher input costs and $42M non-cash impairment.
Expects Q3 2021 to be highest quarterly earnings ever, driven by improved pricing and margins in steel mills.

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