Nucor Corporation Forges Ahead: 2 Things Holding the Steelmaker Back
Nucor Corporation (NYSE: NUE) reported third-quarter financial and operating results on October 19. Despite a slip in earnings sequentially and from the year-ago quarter, its results came in well within expectations. It was the continuation of what has been a great year for the company: Nucor's profits through the first nine months of 2017 are higher than any full year since 2008.
But as the year-over-year drop indicates, Nucor isn't delivering as well as it could. Here's a closer look at the results, the challenges the company is facing, and what management is doing about it.
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Source: Fool.com
Nucor Corp. Stock
€141.88
-1.500%
Currently there is a rather positive sentiment for Nucor Corp. with 4 Buy predictions and 1 Sell predictions.
As a result the target price of 190 € shows a positive potential of 33.92% compared to the current price of 141.88 € for Nucor Corp..
