Nucor guides Q3 EPS below consensus (142.80 -0.19)
- Co issues downside guidance for Q3 (Sep), sees EPS of $2.05-2.15 vs. $2.57 FactSet Consensus.
- Earnings in Q3 are expected to decrease across all three operating segments vs Q2. The expected decrease in the steel mills segment earnings is primarily due to lower volumes coupled with margin compression. In the steel products segment, earnings are expected to decrease due to higher average costs per ton on stable average realized pricing and volumes. The raw materials segment is expected to have lower earnings in the third quarter of 2025 due to lower profitability in its scrap processing operations.