Nucor ( (NUE) ) just unveiled an announcement.
Nucor Corporation reported a decrease in net earnings for the third quarter of 2024, with $249.9 million or $1.05 per share, compared to previous quarters. Despite this, adjusted earnings stood at $353.0 million, supported by strong cash flow and strategic growth projects. Nucor’s resilience in a fluctuating market is attributed to its diverse product range and robust financial position, enabling continued shareholder returns through dividends and share repurchases. The company remains a leader in the North American steel sector with solid credit ratings.
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