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16 Jun
19:37

Nucor says earnings rising in Q2 from Q1

Nucor expects its second-quarter earnings to be higher than the first quarter, due in part to margin expansion in the steel sheet segment, but results will be lower year-on-year compared with the second quarter of 2022, Kallanish understands. The company forecasts that earnings in the quarter ending 1 July will range from $5.45 to $5.55 per diluted share. Nucor reported net earnings of $4.45 per diluted share in the first quarter…
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