Nucor Co. reported a stronger-than-expected $1.49 EPS despite a significant revenue decline.

Nucor Co. (NUE) saw institutional investors adjusting their stakes in the third quarter, with Blueshift Asset Management and Freedom Investment Management selling shares. Despite a 15.2% drop in revenue, Nucor reported a strong $1.49 EPS, beating analyst expectations. The company has a market cap of $36.34 billion, a PE ratio of 14.95, and a dividend yield of 1.40%.

November 28, 2024
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