
Nucor Corporation
NUE
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NYSE
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34 Followers
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$969.66
Overvalued by 77.6%
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Nucor (NUE): Iron certainty in steel despite 50% tariffs - outlook rises, shares strengthen
🧾 Summary of key news:
📈 What's driving Nucor's growth despite tariffs?
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Hey, what do you think of $NUE-0.7%? It's quite talked about and growing now. But not exactly solid results are expected. Nucor is expected to report earnings of $5.34 per share for the current quarter, a year-over-year change of -44.8%. .
The consensus earnings estimate for the current fiscal year of $17.01 implies a year-over-year change of -40.9%.
I don't have steel mills in my portfolio, but I would need to know the competition and would be interested to know which company is the biggest/best in this sector.