Nucor expects Q2 earnings of $2.55-$2.65 per share

CHARLOTTE - Nucor Corporation (NYSE: NUE) announced Wednesday its anticipated second quarter 2025 earnings are expected to range between $2.55 and $2.65 per diluted share, representing a significant improvement from the $0.67 per diluted share reported in the first quarter of 2025. According to InvestingPro data, three analysts have recently revised their earnings estimates upward for the upcoming period, with the company maintaining a "Good" overall financial health score.

The steel manufacturer projects increased earnings across all three of its operating segments, with the steel mills segment showing the largest improvement. This growth is primarily attributed to higher average selling prices at the company’s sheet and plate mills.

The steel products segment is expected to benefit from stable pricing, higher volumes, and lower average costs per ton, while the raw materials segment is also projected to show improved performance.

Nucor reported that during the second quarter, it has repurchased approximately 1.8 million shares at an average price of $111.89 per share. Year-to-date, the company has returned approximately $755 million to stockholders through share repurchases and dividend payments. InvestingPro analysis reveals that Nucor has maintained dividend payments for 53 consecutive years and has raised its dividend for 15 consecutive years, demonstrating strong commitment to shareholder returns.

The company’s second quarter 2025 performance nearly matches its results from the same period last year, when it reported earnings of $2.68 per diluted share.

Nucor plans to release its complete second quarter earnings after markets close on Monday, July 28, 2025, followed by a conference call on Tuesday, July 29.

The company, which describes itself as North America’s largest recycler, operates steel manufacturing facilities throughout the United States, Canada, and Mexico, producing a wide range of steel products including bars, beams, sheet, plate, and fabricated concrete reinforcing steel. With a market capitalization of $28.2 billion and strong return metrics, Nucor remains a prominent player in the Metals & Mining industry. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro.

This information is based on a press release statement from Nucor Corporation.

In other recent news, Nucor Corporation reported its first-quarter 2025 earnings, revealing adjusted earnings per share of $0.77, which narrowly missed the forecasted $0.79. However, the company exceeded revenue expectations, posting $7.83 billion against a forecast of $7.23 billion. The Steel Mills segment showed a significant 43% increase in pre-tax earnings, contributing to the strong revenue performance. Additionally, Nucor returned $430 million to shareholders through dividends and buybacks. In a separate development, BMO Capital Markets upgraded Nucor’s stock rating from Market Perform to Outperform, raising the price target to $145 due to confidence in the company’s growth plan and strategic positioning. Meanwhile, discussions between the U.S. and Mexico are ongoing regarding a potential deal to ease tariffs on Mexican steel imports, which could impact domestic steel producers like Nucor. Commerce Secretary Howard Lutnick is leading these negotiations, with a final agreement yet to be reached.

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