Nucor
Nucor (NUE) got here out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $2.07 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 52.94%. 1 / 4 in the past, it was anticipated that this metal firm would put up earnings of $0.80 per share when it truly produced earnings of $0.90, delivering a shock of 12.50%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 occasions.
Nucor, which belongs to the Zacks Metal – Producers trade, posted revenues of $5.13 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 2.38%. This compares to year-ago revenues of $6.30 billion. The corporate has topped consensus income estimates two occasions over the past 4 quarters.
The sustainability of the inventory’s speedy value…