Nucor Projects Q1 EPS to Surge to $2.70-$2.80, Quadrupling Year-Over-Year on Strong Prices and Volumes
NUE sits 67% above its 52-week low of $97.59.
Summary
Nucor Corporation has issued significantly strong Q1 2026 net profit guidance, projecting earnings per share (EPS) of $2.70 to $2.80. This outlook represents a substantial increase compared to $0.67 per share in Q1 2025 and $1.64 per share in Q4 2025. While the company's recent 10-K (February 25, 2026) mentioned a positive Q1 outlook, these specific figures provide new, material detail on the magnitude of the expected improvement. The surge in profitability is attributed to higher average selling prices and increased volumes across all operating segments, with the largest gains anticipated in the steel mills segment. This robust guidance is a strong positive signal for the company's near-term performance and could drive upward revisions to analyst estimates, making it highly relevant for traders.
At the time of this announcement, NUE was trading at $162.98 on NYSE in the Manufacturing sector, with a market capitalization of approximately $36.7B. The 52-week trading range was $97.59 to $196.90. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: dpa-AFX.