Charlotte, North Carolina-based Nucor Corporation (NUE) engages in the manufacture and sale of steel and steel products. With a market cap of $31.8 billion, the company operates in three segments: Steel Mills, Steel Products, and Raw Materials.
The company is set to unveil its second-quarter results on Monday, July 28, after the market closes. Ahead of the event, analysts expect NUE to report non-GAAP earnings of $2.60 per share, down 3% from the profit of $2.68 per share reported in the year-ago quarter. Additionally, the company has surpassed the Street’s bottom-line projections in each of the past four quarters, which is impressive.
