trending Market Intelligence /marketintelligence/en/news-insights/trending/VIeL3pCcvNOvs2VOYgzjYg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Nucor outlines EPS guidance of US$1.45 to US$1.50 for Q1'19

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019

Nucor outlines EPS guidance of US$1.45 to US$1.50 for Q1'19

Nucor Corp. anticipates EPS in the range of US$1.45 to US$1.50 for the first quarter of 2019, decreasing quarter over quarter from US$2.07 but increasing year over year from US$1.10.

The U.S. steelmaker said March 15 that the first quarter of 2018 included an expense of US$21.8 million related to deferred tax assets after a change in a subsidiary's tax status.

Nucor expects its steel mills segment to have decreased earnings quarter over quarter, primarily due to lower sales prices and margins in the sheet mill group.

It also said shipments from the steel mills and steel products segments were delayed due to a wetter-than-expected winter season while noting an apparent rebound in sheet pricing.

The company's raw materials segment is also expected to have a decreased performance on a quarterly basis, due to lower average selling prices, while results from its steel products segment are expected to hold steady.

Nucor booked US$646.8 million in net profit for the fourth quarter of 2018, a 68.5% year-over-year increase.