Nucor Corporations revealed strategic insights amongst its reports of lowered earnings. Institutional shareholders control about 80% of the company, with some executives selling significant shares. Additionally, some earnings forecasts have been upped, with an expectation of $3.15 and $3.04 per share in Q2 and Q3 2024. Despite this, frequent market dips have seen corresponding growth for Nucor, even as they failed to meet Q1 2024 EPS estimates. Nucor has also increased data centre capacity via SWDP Acquisition and recently appointed Nicole B. Theophilus as Executive Vice President of Talent and Human Resources.
Nucor Corporation NUE News Analytics from Fri, 06 Oct 2023 07:00:00 GMT to Thu, 09 May 2024 10:39:50 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor 4