Nucor reports Q2 EPS $5.81, consensus $5.53

Reports Q2 revenue $9.52B, consensus $9.62B. “The investments we’ve made in recent years to grow our core and expand into new markets are generating strong returns for stockholders and further position Nucor as a highly efficient industrial manufacturer,” said Leon Topalian, Nucor’s Chair, President and CEO. “Through June, we are on pace to set another safety record for the fifth consecutive year. And with $10.26 of earnings per diluted share in the first half of 2023, this represents the second-strongest start to any fiscal year in Nucor history. We’ve also announced several strategic initiatives with reputable partners to further differentiate Nucor as the clear industry leader in sustainability. All of this is aligned with our goal of becoming the safest, cleanest, and most profitable steel company in North America.”