Nucor (NUE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Zacks Открыть на Zacks
Nucor (NUE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Nucor (NUE) reported $9.5 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 21.3%. EPS of $3.23 for the same period compares to $0.77 a year ago.

The reported revenue represents a surprise of +9.68% over the Zacks Consensus Estimate of $8.66 billion. With the consensus EPS estimate being $2.79, the EPS surprise was +15.69%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Nucor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Sales in Tons Outside Customers - Total steel products: 1,159.00 KTon versus 1,099.15 KTon estimated by four analysts on average. Sales Tons to outside customer (Steel) - Total Steel Mills: 5,619.00 KTon versus 5,242.57 KTon estimated by four analysts on average. Average Steel Product Price per ton: 2,405.00 $/Ton compared to the 2,414.53 $/Ton average estimate based on four analysts. Average sales price per ton (Steel) - Total Steel Mills: 1,074.00 $/Ton versus 1,060.68 $/Ton estimated by four analysts on average. Sales Tons to outside customer (Steel) - Sheet: 2,787.00 KTon compared to the 2,419.70 KTon average estimate based on three analysts. Sales Tons to outside customer (Steel) - Bars: 1,667.00 KTon versus the three-analyst average estimate of 1,648.46 KTon. Sales Tons to outside customer (Steel) - Structural: 554.00 KTon compared to the 533.41 KTon average estimate based on three analysts. Sales Tons to outside customer (Steel) - Plate: 611.00 KTon versus 626.84 KTon estimated by three analysts on average. Average sales price per ton (Steel) - Sheet: 999.00 $/Ton versus 977.36 $/Ton estimated by three analysts on average. Average sales price per ton (Steel) - Bars: 1,013.00 $/Ton compared to the 1,002.02 $/Ton average estimate based on three analysts. Average sales price per ton (Steel) - Structural: 1,541.00 $/Ton compared to the 1,462.16 $/Ton average estimate based on three analysts. Average sales price per ton (Steel) - Plate: 1,151.00 $/Ton versus 1,134.37 $/Ton estimated by three analysts on average.

View all Key Company Metrics for Nucor here>>>

Shares of Nucor have returned +31.2% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Radical New Technology Could Hand Investors Huge Gains

Quantum Computing is the next technological revolution, and it could be even more advanced than AI.

While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.

Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power .

Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.

See Top Quantum Stocks Now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
Nucor Corporation (NUE): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research