Nucor(NUE)2025-04-28 21:00Financial Performance - Nucor reported consolidated net earnings of 0.67 per diluted share, for Q1 2025, down from 3.46 per diluted share, in Q1 2024[2][5]. - Adjusted net earnings for Q1 2025 were 0.77 per diluted share, compared to 1.22 per diluted share, in Q4 2024[2][5]. - Net sales for the first quarter of 2025 were 8,137 million in the same period last year[34]. - Cost of products sold increased to 6,614 million year-over-year[34]. - Net earnings attributable to Nucor stockholders were 845 million in the prior year[34]. - Basic and diluted earnings per share were both 3.46 in the same quarter last year[34]. - EBITDA for the first quarter of 2025 was 1,503 million in the previous year[43]. Sales and Shipments - Consolidated net sales for Q1 2025 were 7.08 billion in Q4 2024 but a 4% decrease from 394, a 6% decrease from Q1 2024[7][8]. Costs and Expenditures - Pre-operating and start-up costs for growth projects were approximately 125 million in Q1 2024[9]. - Capital expenditures for the quarter were 670 million in the same period last year[40]. Assets and Liabilities - Total assets increased to 33,940 million at the end of 2024[37]. - Total liabilities rose to 12,523 million at the end of the previous year[37]. - Cash and cash equivalents decreased to 4,558 million at the end of the previous quarter[40]. Shareholder Actions - Nucor repurchased approximately 2.3 million shares at an average price of 806 million remaining for future repurchases[12]. Future Outlook - The company expects earnings in Q2 2025 to increase across all segments, with the largest increase anticipated in the steel mills segment[17].