American Nucor Corp., one of the largest steel companies in the United States, in the third financial quarter increased net profit by more than 2.4 times, revenue by 14.5%, both figures being better than analysts' forecasts.
Million, or $2.63 per share, compared to $250 million, or $1.05 per share, for the comparable period last year of the year.
Nucor's revenue increased to $8.52 billion from $7.44 billion a year earlier. revenue $7.28 billion.
The company supplied 6.77 million tons of steel products in the third quarter, which is 9% higher than last year. Compared to the previous quarter, shipments decreased by 1%.
Nucor Board of Directors
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