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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks N / Nucor (NUE)
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Author: mapg x2  😊 😞
Number: of 1 
Subject: What's Going On With Nucor
Date: 06/14/24 12:03 PM
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Another indicator that Sentiment is not getting better.

"Nucor Corporation (NUE) announced its second-quarter outlook on Friday but it failed to uplift investor sentiment.

The steel maker cautioned that it expects earnings of $2.20 to $2.30 per diluted share, significantly lower than $5.81 in the year-ago period. The earnings expectations fell short of the $2.99 consensus.

Lower average selling prices and lackluster volumes at the steel mills segment are driving the expected decrease in earnings.

In addition, the steel products segment also bears the brunt of lower average selling prices."

GD_
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