Nucor's Q4 Guidance Misses The Mark, Hit By Steel Slowdown; Stock Slides
Nucor's Q4 Guidance Misses The Mark, Hit By Steel Slowdown; Stock Slides
Nucor reported net earnings of $1.05 per share in the third quarter of 2024 and $3.16 per share in the fourth quarter of 2023.Nucor Corporation (NYSE:NUE) shares are trading lower premarket today. On Monday, the company provided fourth-quarter guidance, expecting EPS of $0.55 – $0.65 vs. the consensus of $0.86.
紐柯鋼鐵公司（紐交所：NUE）的股票在今天的盤前交易中下跌。週一，該公司提供了第四季度的指導，預計每股收益爲0.55美元至0.65美元，而市場一致預期爲0.86美元。
The primary factor driving the expected earnings decline is lower earnings in the steel mills segment due to decreased volumes and lower average selling prices.
預期盈利下降的主要因素是鋼鐵廠部門的盈利降低，原因是銷量下降和平均銷售價格降低。
The company projects earnings in the steel products segment to decline, reflecting the same trends. However, the raw materials segment is anticipated to see an increase in earnings, excluding the impairment charge from the third quarter of 2024.
該公司預計鋼鐵產品部門的盈利將下降，反映出相同的趨勢。然而，原材料部門的盈利預計會有所增加，不包括2024年第三季度的減值費用。
Nucor reported net earnings of $1.05 per share in the third quarter of 2024 and $3.16 per share in the fourth quarter of 2023.
紐柯在2024年第三季度報告的每股淨收益爲1.05美元，在2023年第四季度爲3.16美元。
Notably, during the third-quarter earnings release, Nucor stated that it expects the fourth quarter earnings per share to decrease compared to $1.05 reported for the third quarter amid decreased steel mill segment earnings caused by lower average selling prices and decreased volumes.
值得注意的是，在第三季度盈利發佈期間，紐柯表示預計第四季度的每股收益將與第三季度報告的1.05美元相比下降，原因是由於平均銷售價格降低和銷量減少導致的鋼鐵廠部門盈利下降。
In the fourth quarter, Nucor repurchased around 2.1 million shares at an average price of $149.81 per share, bringing the total year-to-date repurchases to 13.1 million shares at an average price of $168.75 per share.
在第四季度，紐柯回購了大約210萬股，平均價格爲149.81美元每股，使得截至目前爲止的回購總數量達到1310萬股，平均價格爲168.75美元每股。
Nucor has returned over $2.73 billion to stockholders through share repurchases and dividend payments so far this year.
截至目前，紐柯通過股票回購和股息支付已向股東返還超過27.3億資金。
In October, the company reported quarterly adjusted earnings of $1.49 per share, which beat the analyst consensus estimate of $1.47 and revenue of $7.44 billion, which beat the analyst consensus estimate of $7.28 billion.
在十月份，公司報告了每股調整後收益爲1.49美元，超過了分析師一致預期的1.47美元，營業收入爲74.4億，超過了分析師一致預期的72.8億。
Nucor plans to release its fourth-quarter results on Monday, January 27, 2025.
紐柯鋼鐵計劃在2025年1月27日（星期一）發佈第四季度的業績。
Investors can gain exposure to the stock via VanEck Steel ETF (NYSE:SLX) and First Trust Materials AlphaDEX Fund (NYSE:FXZ).
投資者可以通過鋼鐵指數ETF-VanEck（紐交所：SLX）和First Trust Materials AlphaDEX Fund（紐交所：FXZ）獲得該股票的投資機會。
Price Action: NUE shares are down 1.51% at $122.29 premarket at the last check Tuesday.
價格動態：截至週二最後檢查，NUE股票在盤前下跌1.51%，現報122.29美元。
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譯文內容由第三人軟體翻譯。
