Nucor reports Q4 EPS $1.22, consensus 63c

Reports Q4 revenue $7.08B, consensus $6.73B. “I want to thank our teammates for making 2024 the safest year in Nucor (NUE) history, during an active year of construction projects and ramp-ups that are advancing our growth strategy,” said Leon Topalian, Chair, President, and Chief Executive Officer. “While steel demand softened throughout 2024, market conditions are starting to improve and should gain momentum as we work our way into 2025. The U.S. economy is still on the front end of several steel-intensive megatrends and as America’s largest and most diversified steel producer, Nucor is well positioned to supply those needs.”