Description
Nucor Corporation: A Tale Of Increasing Capacity and Metallics Control!
Nucor Corporation, a leading manufacturer of high-performance steel products, reported its second[1]quarter results. The company’s earnings decreased quarter-on-quarter to $2.68 per diluted share while year-to-date earnings stood at $6.14 per diluted share. A key determinant of the declining earnings was lower average selling prices in both the steel mills and steel product segments. Despite this, Nucor remains keen on maintaining a strong balance sheet and returning capital to shareholders. The company repurchased approximately 2.9 million shares for a hefty $500 million. Besides, the organization showcased a resilient credit rating after Moody’s changed its outlook on Nucor’s senior unsecured credit rating from stable to positive.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
Want unlimited access to our reports? Purchase our $99 annual subscription!
