Earnings Alerts

Nucor Corp (NUE) Earnings: 4Q Net Sales Surpass Estimates, Future Earnings Outlook Steady

By January 28, 2025 No Comments
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  • Nucor’s fourth-quarter net sales reached $7.08 billion, surpassing estimates of $6.74 billion.
  • Earnings per share (EPS) stood at $1.22, a decrease from $3.16 seen in the same quarter the previous year.
  • The average cost of scrap and scrap substitute per gross ton was $381, a 4% decrease from the previous year, with the estimate at $365.17.
  • Sales tons to outside customers amounted to 6.06 million, marking a 2.1% increase year-over-year, beating the estimate of 5.87 million tons.
  • For the first quarter, Nucor anticipates earnings from steel mills and steel products to be consistent with the fourth quarter of 2024.
  • First-quarter earnings from raw materials are expected to decrease compared to the fourth quarter of 2024.
  • Corporate, administrative, and tax impacts are forecasted to be higher in the first quarter, potentially leading to lower net earnings overall.
  • Analysts’ ratings for the company include 9 buys, 6 holds, and 1 sell.

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Nucor Corp on Smartkarma

Analysts on Smartkarma, like Baptista Research and Value Investors Club, have been actively covering Nucor Corp, a steel manufacturer. Baptista Research recently delved into the impact of current political and trade environments on Nucor, highlighting the company’s second-quarter financial outcomes. Nucor reported earnings of $2.68 per diluted share for the quarter, with a total of $6.14 for the half-year, attributing the decline to lower average selling prices in its steel mills and products segments.

Meanwhile, Value Investors Club discussed Nucor Corp‘s potential amidst political events, pointing to a scenario where Nucor could benefit from increased infrastructure spending under an all-GOP government. They see Nucor as a low-risk, high-reward investment in the current political context. These insights provide investors with valuable perspectives on Nucor Corp‘s performance and its alignment with broader economic and political trends.


A look at Nucor Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Nucor Corp seems to have a positive long-term outlook. With a high Value score of 4, the company is likely considered undervalued relative to its potential. Additionally, having an above-average score of 3 in Dividend, Growth, Resilience, and Momentum indicates stability and potential for growth in the future.

Nucor Corporation is a steel manufacturer known for its diverse range of steel products, including carbon and alloy steel, steel joists, and metal building systems. The company also engages in brokering ferrous and nonferrous metals, supplying ferro-alloys, and processing scrap metals. With solid Smartkarma Smart Scores across various factors, Nucor Corp appears well-positioned for sustained success in the steel industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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