Nucor forecasts first quarter earnings of $2.70 to $2.80 per share

Nucor Corporation (NYSE: NUE) announced first quarter 2026 earnings guidance of $2.70 to $2.80 per diluted share, according to a company statement released March 19, 2026.

(Consensus sees Q1 EPS of $2.71)

The steel manufacturer reported fourth quarter 2025 net earnings of $1.64 per diluted share and adjusted earnings of $1.73 per diluted share. Prior year first quarter net earnings were $0.67 per diluted share with adjusted earnings of $0.77 per diluted share.

The company expects earnings to increase across all three operating segments compared to the fourth quarter of 2025. The steel mills segment is projected to show the largest increase due to higher average selling prices and volumes across all product groups. The steel products segment anticipates improved earnings from increased volumes and stable average realized pricing, while the raw materials segment expects slightly higher earnings.

During the first quarter of 2026, Nucor repurchased approximately 0.7 million shares at an average price of $175.19 per share. The company returned approximately $250 million to stockholders through share repurchases and dividend payments year-to-date.

Nucor plans to release its first quarter earnings after market close on April 27, 2026, followed by a conference call on April 28, 2026 at 10:00 a.m. Eastern Time.

The company operates steel and steel product manufacturing facilities in the United States, Canada and Mexico. Products include carbon and alloy steel in various forms, steel tubing, electrical conduit, steel racking, fabricated concrete reinforcing steel, and metal building systems. Nucor also processes ferrous and nonferrous scrap through The David J. Joseph Company and its affiliates.

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