Despite Timing Issues, Nucor Corporation Delivers Another Strong Quarter

Nucor Corporation (NYSE: NUE)reported its first-quarter 2018 results on April 19, delivering earnings of $1.10 per share. While this was a little less than the year-ago result of $1.11 per share and the $1.20 per share in the fourth quarter of 2017, it was above most investor expectations. And when adjusted for one-time gains and expenses related to the newly enacted federal tax law in late 2017, and for tax-status changes at a subsidiary, it was a better result than recent quarters.