(Reuters) – U.S. steelmaker Nucor (NYSE:NUE) forecast fourth-quarter revenue under Wall Avenue estimates on Monday, citing a stoop in earnings of their metal mills phase brought on by decreased volumes and decrease common promoting costs.
The corporate expects fourth-quarter earnings to be in a variety of $0.55 to $0.65 per diluted share, decrease than analysts’ estimates of $0.90 per share, in response to information compiled by LSEG.
Nonetheless, it expects earnings in its uncooked supplies phase to extend year-over-year within the fourth quarter.
Peer Metal Dynamics (NASDAQ:STLD) additionally forecast its fourth-quarter earnings under Wall Avenue estimates on Monday because the Indiana-based firm sees decrease realized metal costs and fall in shipments.
The European Union’s unemployment price was 5.8% in January 2025 and 6.2% for the eurozone,…
That is an extremely fast-moving story, to the extent that by the point you learn…
(Reuters) - AutoZone on Tuesday missed Wall Road estimates for second-quarter income, because the automotive…
(Reuters) - Italy's Piaggio, the maker of the enduring Vespa scooter, reported what it stated…
(Bloomberg) -- Merchants added to bets on interest-rate cuts from the Federal Reserve amid concern…
Lenders to considered one of Britain's largest networks of builders' retailers are angling to take…