Nucor's Q2 Earnings Beat Expectations, But Analyst Warns of Weaker Q3 Due to Lower Steel Prices
Nucor's Q2 Earnings Beat Expectations, But Analyst Warns of Weaker Q3 Due to Lower Steel Prices
Nucor Corporation (NYSE:NUE) shares are trading lower today. Yesterday, the company reported better-than-expected second-quarter financial results.
纽科钢铁公司（NYSE：NUE）股票今天交易较低。昨天，该公司报告了超预期的第二季度财务业绩。
Nucor reported quarterly earnings of $2.68 per share, which beat the analyst consensus estimate of $2.35 by 14.04%. Quarterly sales came in at $8.08 billion, which beat the analyst consensus estimate of $7.69 billion by 5.13%.
Nucor第二季度每股收益为2.68美元，比分析师共识估计高出14.04%。季度销售额达到80.8亿美元，比分析师共识估计高出5.13%。
Nucor anticipates a decline in third-quarter 2024 earnings compared to the second quarter, primarily due to lower average selling prices impacting the steel mills segment.
纳科预计2024年第三季度盈利将比第二季度下降，主要是钢铁厂业务的平均售价下降所致。
KeyBanc Capital Markets analyst Philip Gibbs says that 3Q24 guidance suggests weaker earnings in Steel Products and Raw Materials than his current model.
KeyBanc资本市场分析师Philip Gibbs表示，第三季度2024年业绩预告表明，钢铁制品和原材料的盈利弱于他目前的模型。
The analyst notes that NUE's average realized carbon sheet pricing/mix in 2024 remained above $1,000/t, compared to the current HRC spot price of ~$650/t and tandem product base prices of ~$875-$975/t (with NUE's mix being roughly 50% HRC).
该分析师指出，NUE在2024年的平均实现碳板价格/组合仍高于每吨约650美元的现货价格和每吨约875-975美元的串联产品基准价格（NUE的组合约占50%的HRC）。
The analyst writes that this suggests NUE was shipping from a strong backlog. Additionally, the average realized plate pricing/mix exceeded $1,300/t, while the current baseline index pricing is $1,000-$1,050/t.
该分析师认为，这表明NUE的出货量来自强劲的积压订单。此外，平板的平均实现价格/组合超过每吨1300美元，而当前的基准指数价格为1000-1050美元/吨。
Investors can gain exposure to the stock via VanEck Steel ETF (NYSE:SLX) and Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO).
投资者可以通过VanEck钢铁ETF（NYSE：SLX）和Carbon Collective Climate Solutions美国股票ETF（NASDAQ：CCSO）获得该股的收益。
Price Action: NUE shares are down 0.97% at $161.75 at the last check Tuesday.
价格行动：截至周二最后一次查询，NUE股票下跌0.97%，至161.75美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
Image: Courtesy of Nucor Corporation
图片：由纽柯钢铁公司提供
