Nucor Corporation announced guidance for its second quarter ending July 5, 2025, expecting earnings to be in the range of $2.55 to $2.65 per diluted share. This forecast is significantly higher than the $0.67 per diluted share reported in the first quarter of 2025, and above analyst estimates.
The anticipated sequential increase in earnings is projected across all three of Nucor's operating segments, with the steel mills segment expected to drive the largest portion of growth. This is primarily due to higher average selling prices at the company's sheet and plate mills.
The steel products segment is expected to benefit from a combination of stable overall pricing, higher volumes, and lower average costs per ton compared to the first quarter. The raw materials segment is also anticipated to have increased earnings. Nucor has repurchased approximately 1.8 million shares at an average price of $111.89 per share during the second quarter, contributing to $755 million returned to stockholders year-to-date.
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