The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across many sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, and metals.
Nucor Corporation (NYSE:NUE) shareholders should be happy to see the share price up 14% in the last month. But that...
The steelmaker said it expects to report a loss in the second quarter, with a return to profitability in the second half.
A leader in building solar panels for the utility-scale segment, First Solar also has by far the strongest balance sheet of any solar company, giving it a massive leg up in what continues to prove a very cyclical business. Simply put, utility customers looking to deploy solar want to maximize the power they can generate, and First Solar's thin-film panels, though lower-efficiency than silicon-based versions, have a lot of advantages.
Q1 2020 Nucor Corp Earnings Call
Shares of Nucor (NYSE:NUE) fell 0.8% after the company reported Q1 results.Quarterly Results Earnings per share fell 38.12% year over year to $0.99, which beat the estimate of $0.95.Revenue of $5,624,000,000 less by 7.76% from the same period last year, which beat the estimate of $5,380,000,000.Outlook Nucor hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Apr 28, 2020View more earnings on NUETime: 12:03 PM ETWebcast URL: https://www.webcaster4.com/Webcast/Page/913/34267Technicals Company's 52-week high was at $58.7052-week low: $27.52Price action over last quarter: down 17.92%Company Profile The largest steelmaker in the United States by production volume, Nucor uses electric arc furnaces to produce a wide variety of steel products that service all major end markets. Nucor is involved in every phase of the steelmaking value chain, from collecting and processing scrap to manufacturing value-added fabricated steel products.See more from Benzinga * Xerox Holdings: Q1 Earnings Insights * Recap: Harley-Davidson Q1 Earnings * Price Over Earnings Overview: Southwest Airlines(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
For his "Executive Decision" segment of Mad Money Tuesday night, Jim Cramer spoke with Leon Topalian, the new president and CEO of steelmaker Nucor Corp. . Topalian was bullish on the most recent round of steel tariffs. Cramer said when it comes time to own a cyclical stock, Nucor will be the one to own.
Nucor Corporation (NYSE: NUE) today announced consolidated net earnings of $20.3 million, or $0.07 per diluted share, for the first quarter of 2020. Included in the first quarter of 2020 results are losses on assets of $287.8 million, or $0.92 per diluted share, related to our equity method investment located in Italy, Duferdofin Nucor S.r.l. ("Duferdofin Nucor"), as discussed further below.
A review of the classic value investing ratio that comes into its own when a recession is near and fear is in the air Continue reading...
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
The steel sector is reeling from falling demand, which is expected in the coronavirus pandemic. But there is also another problem for steel producers no one saw coming: rising raw material prices.
Nucor's (NUE) adjusted earnings for Q1 came in at 99 cents per share, which topped the Zacks Consensus Estimate of 98 cents.
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
NUE earnings call for the period ending March 31, 2020.
Nucor Corporation (NYSE: NUE) announced today that management will participate in the 2020 Global Metals, Mining and Steel Conference hosted by Bank of America Securities to be held May 12-14, 2020. The conference brings together metals and mining industry leaders and institutional investors from around the world.
Softer U.S. steel prices are likely to have hurt Nucor's (NUE) revenues and margins in Q1.
The oil industry could take a lot longer to recover than the economy. Five experts weigh in on better investments for reliable dividends.
Profitability in Nucor's (NUE) steel mills segment increased sequentially in the first quarter on higher volumes and selling prices at its sheet and bar mills.
Moody's Investors Service, ("Moody's") assigned a Baa1 rating to Nucor Corporation's (Nucor) new senior unsecured notes issue. The notes will be issued under the company's well-known seasoned issuer shelf registration ("WIKSI") (rated (P)Baa1 for senior unsecured debt securities). At the same time, Moody's affirmed the Baa1 ratings on all senior unsecured notes, the Baa1 rating on the backed industrial revenue bonds, the (P)Baa1 shelf rating for senior unsecured notes and the Prime-2 short-term rating.
Go with financially strong industry leaders, which you can find on sale right now in some sectors. Here are three with big yields.