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Nucor increased its net profit by 4.8 times in the first quarter

Nucor в первом финквартале увеличила чистую прибыль в 4,8 раза
Nucor Corp., one of the largest steel companies in the United States, increased its net profit by 4.8 times in the first quarter of fiscal year 2026 due to improved results in all three business units.

$156 million, or $0.67 per share, compared to last year.

Revenue rose to $9.5 billion from $7.83 billion a year earlier.

Analysts on average had forecast revenue of $8.88 billion, according to LSEG. 7,028 million tons. The average selling price of steel products increased by 12%.

Nucor bought 0.7 million of its shares last quarter. In total, the company transferred about $250 million to shareholders through the payment of dividends and buyback.

The next dividend payment of $0.56 per share will be made on May 11 for shareholders registered in the register as of March 31.

Of the financial Quarter.

Nucor's stock prices rose 4.1% in the additional session on Monday after the financial statements were published. The steel producer's capitalization has increased by almost 24% over the past three months (to $49 billion), while the S&P 500 stock index has gained 3.2%.



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