Stay Ahead of the Game With Nucor (NUE) Q4 Earnings: Wall Street's Insights on Key Metrics

Core Viewpoint - Nucor (NUE) is expected to report a significant decline in quarterly earnings and revenues, with analysts predicting earnings of $0.67 per share, a 78.8$6.6 billion, down 14.3% from the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised down by 13.9% over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts estimate 'Net sales to external customers - Steel products' at $2.09 billion, reflecting a 25.5$4.04 billion, indicating a 9.4% decline year-over-year [5]. - 'Net sales to external customers - Raw materials' are expected to be $476.87 million, suggesting a 7.3$2,279.32, down from $2,776 per ton in the same quarter last year [7]. - The average sales price per ton for total steel mills is expected to be$917.82, compared to $1,015 per ton in the same quarter last year [7]. Specific Product Sales Estimates - Sales tons for steel sheets are estimated at 2,196.75 KTon, slightly down from 2,239 KTon year-over-year [8]. - Sales tons for steel bars are projected at 1,342.43 KTon, down from 1,402 KTon in the same quarter last year [9]. - Sales tons for steel plates are expected to reach 365.52 KTon, up from 341 KTon in the same quarter last year [10]. Market Performance - Nucor shares have shown a return of +6.5% over the past month, outperforming the Zacks S&P 500 composite, which increased by +2.1% [11].