The earnings call presented a strong overall performance with significant achievements in safety, financial results, and strategic investments. However, challenges such as declining steel mill earnings and trade issues were noted. The company maintains an optimistic outlook for 2025, expecting growth and improved demand.

Company Guidance

During Nucor's Fourth Quarter 2024 Earnings Call, the company provided detailed guidance on several key metrics. Nucor reported earnings of $1.22 per share for the fourth quarter, contributing to a full-year earnings of $8.46 per share. The company's EBITDA for the quarter was $751 million, totaling nearly $4.4 billion for the year. Capital expenditures for 2024 amounted to approximately $3.2 billion, with $760 million allocated for acquisitions. Nucor returned over $2.7 billion to shareholders through share repurchases and dividends. In terms of future investments, approximately 65% of their 2025 capital expenditure budget is focused on growth initiatives, including the construction of the West Virginia sheet mill, which is about 40% complete. Nucor maintained a strong balance sheet with $4.1 billion in cash at year's end and a debt-to-capital ratio of about 25%. For 2025, the company anticipates capital spending of approximately $3 billion and plans to continue returning at least 40% of annual net earnings to shareholders.

Record Safety Performance

2024 was the safest year in Nucor's history with the fewest recordable and reportable injuries. The injury and illness rate declined for the seventh consecutive year.

Strong Financial Performance

Nucor earned $1.22 per share in Q4 and $8.46 for the full year. Generated EBITDA of $751 million for the quarter and nearly $4.4 billion for the year.

Significant Shareholder Returns

Nucor returned over $2.7 billion to shareholders through share repurchases and dividends in 2024, with a five-year total of approximately $12 billion.

Strategic Investments and Growth

Invested approximately $3.2 billion in CapEx and $760 million in acquisitions in 2024. Progress on major projects like the West Virginia sheet mill and other key growth initiatives.

Positive Future Outlook

Expect modest steel demand growth in early 2025 with increased momentum in the second half. Strong infrastructure and institutional construction activity anticipated.

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Nucor (NUE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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NUE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 17, 2025	2025 (Q1)	1.02 / -	3.46	―	―	―
Jan 27, 2025	2024 (Q4)	0.64 / 1.22	3.16	-61.39% (-1.94)
Oct 21, 2024	2024 (Q3)	1.50 / 1.49	4.57	-67.40% (-3.08)
Jul 22, 2024	2024 (Q2)	2.49 / 2.68	5.81	-53.87% (-3.13)
Apr 22, 2024	2024 (Q1)	3.67 / 3.46	4.45	-22.25% (-0.99)
Jan 29, 2024	2023 (Q4)	2.92 / 3.16	4.89	-35.38% (-1.73)
Oct 23, 2023	2023 (Q3)	4.29 / 4.57	6.5	-29.69% (-1.93)
Jul 24, 2023	2023 (Q2)	5.54 / 5.81	9.67	-39.92% (-3.86)
Apr 20, 2023	2023 (Q1)	3.87 / 4.45	7.67	-41.98% (-3.22)
Jan 26, 2023	2022 (Q4)	4.16 / 4.89	7.97	-38.64% (-3.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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NUE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 27, 2025	$121.97	$126.55	+3.76%
Oct 21, 2024	$155.37	$145.33	-6.46%
Jul 22, 2024	$161.98	$160.21	-1.09%
Apr 22, 2024	$189.37	$172.58	-8.87%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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