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AI brief of an SEC Form 8-K · Nucor (NUE)

Nucor Q3 earnings fall to $1.05 per share as net sales drop 15% from a year earlier

Negative Impact 4 of 5 earnings Written later

Nucor reported third-quarter 2024 net earnings attributable to stockholders of $249.9 million, or $1.05 per diluted share, down from $1.14 billion, or $4.57 per share, a year earlier, on net sales of $7.44 billion, down 15%. The company expects fourth-quarter 2024 earnings to decrease from the $1.05 per share reported for the third quarter, citing lower average selling prices and decreased volumes at the steel mills.

Key points

  • Q3 2024 net earnings attributable to Nucor stockholders were $249.9 million, or $1.05 per diluted share, versus $645.2 million, or $2.68 per share, in Q2 2024 and $4.57 per share in Q3 2023.
  • Excluding non-cash impairment charges of $123.0 million, adjusted earnings were $353.0 million, or $1.49 per diluted share.
  • Q3 2024 net sales were $7.44 billion, down 8% from Q2 2024 and down 15% from Q3 2023.
  • Management expects Q4 2024 earnings to decrease from the $1.05 per diluted share reported for Q3 2024.

The filing

CompanyNucor (NUE)
Form8-K, current report
Filed with the SECOct 21, 2024, 5:24 PM ET
Accession number0001193125-24-240514

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.