Nucor: Here’s What Investors Need to Know Before Earnings

Nucor (NYSE:NUE) will report earnings before markets open on Thursday, July 18th. Nucor Corporation manufactures steel products. The Company’s products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.

Here is your Cheat Sheet to Nucor Earnings:

Earnings Expectations: Analysts expect earnings of $0.30 per share on revenues of $4.63 billion. Currently, the company’s P/E ratio stands at 33.06.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.69 to a profit $0.51. For the current year, the average estimate is a profit of $1.71, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Nucor has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 23,663 11,190 15,845 20,024 19,429
Diluted EPS ($) 5.98 -0.94 0.42 2.45 1.58

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 5,104.20 4,801.21 4,451.27 4,550.77
Diluted EPS ($) 0.35 0.35 0.43 0.26

Past Performance:
Nucor has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]