Nucor — Oct 21, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-24-240514
Showing in the filing
Steel products segment earnings
“expect earnings in the steel products segment to decrease in the fourth quarter of 2024 as compared to the third quarter of 2024 due to lower average selling prices and decreased volumes”
Period
Q4 FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 3
Consolidated net earnings attributable to Nu… for Q4 FY2024
“decrease compared to earnings per diluted share of $1.05 reported for the third quarter of 2024”
Steel products segment earnings for Q4 FY2024
“expect earnings in the steel products segment to decrease in the fourth quarter of 2024 as compared to the third quarter of 2024 due to lower average selling prices and decreased volumes”
Raw materials segment earnings for Q4 FY2024
“expected to increase in the fourth quarter of 2024 as compared to the third quarter of 2024 (excluding the impairment charge taken during the third quarter of 2024)”
Exhibit 99.1 · the passage around this item
… earlier in the release
Fourth Quarter of 2024 Outlook We expect
consolidated net earnings attributable to Nucor stockholders in the fourth quarter of 2024 to decrease compared to earnings per diluted share of $1.05 reported for the third quarter of 2024. The largest driver for the expected decrease in earnings
in the fourth quarter of 2024 is the decreased earnings of the steel mills segment caused by lower average selling prices and decreased volumes. We expect earnings in the steel products segment to decrease in the fourth quarter of 2024 as compared
to the third quarter of 2024 due to lower average selling prices and decreased volumes. The earnings of the raw materials segment are expected to increase in the fourth quarter of 2024 as compared to the third quarter of 2024 (excluding the
impairment charge taken during the third quarter of 2024).
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Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211
Phone 704-366-7000 Fax 704-362-4208 www.nucor.com
News Release
Nucor Reports Results for the Third Quarter of 2024 (Continued)
Earnings Conference Call
You are invited to listen to the live broadcast of Nucor’s conference call during which management will discuss Nucor’s third quarter results on
October 22, 2024, at 10:00 a.m. Eastern Time. The call can be accessed via webcast from the Investor Relations section of Nucor’s website (nucor.com/investors). A presentation with supplemental information to accompany the call has been
posted to Nucor’s Investor Relations website. A playback of the webcast will be posted to the same site within one day of the live event.
About Nucor Nucor and its affiliates are
manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products pro
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.