Nucor's (NUE) Q1 Earnings and Sales Beat Estimates

Nucor Corporation NUEis a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States.

Earnings

Nucor’s adjusted earnings for the first quarter came in at $1.17 per share, which surpassed the Zacks Consensus Estimate of $1.10.

Revenues

Nucor reported revenues of $5,568.

4 million for the quarter, up roughly 15.6% year over year from $4,815.2 million. The figure surpassed the Zacks Consensus Estimate of $5,541.6 million.