Nucor stock reports higher third-quarter earnings guidance

Published on 09/25/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nucor stock's third-quarter guidance reaches USD 5.55 to USD 5.65 per share for 2026, versus USD 2.63 a year earlier. Q2 adjusted EPS beat consensus.

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Nucor stock (ISIN US6703461052) stood at USD 247.96 on the NYSE on September 24, 2026, while the company set third-quarter 2026 earnings guidance at USD 5.55 to USD 5.65 per diluted share. The range compares with USD 2.63 per diluted share in the third quarter of 2025, giving investors a concrete measure of the steelmaker's earnings trajectory.

Guidance points to higher earnings

According to Nucor on September 17, 2026, the forecast covers the quarter ending October 3, 2026. The company expects higher earnings in Steel Mills from higher average selling prices and stable volumes, while Steel Products is projected to benefit from higher volumes and realized pricing.

The guidance also contains a counterweight. Raw Materials earnings are expected to decrease because of lower pricing and shipments, and the third quarter will not repeat the USD 130 million in cash refunds that supported the second quarter's steel mills result.

Q2 beat gives the comparison

Zacks reported that Nucor's adjusted second-quarter 2026 EPS was USD 4.84, above the USD 4.57 consensus estimate by USD 0.27, or 5.91 percent. Reported EPS was USD 5.04, compared with USD 2.60 in the second quarter of 2025.

The operating backdrop was also quantified by Zacks: steel mills sold 5,659,000 tons to outside customers in the second quarter, up 12 percent year over year and 1 percent sequentially. Steel mill operating rates reached 91 percent, versus 85 percent a year earlier and 86 percent in the first quarter.

Stock remains below yearly high

The September 24 price was USD 32.15 below Nucor's 52-week high of USD 280.11 and USD 116.64 above its 52-week low of USD 131.32. The company had a market capitalization of USD 56,470,658,360 and trading volume of 1,071,810 shares on that date.

Nucor scheduled its third-quarter 2026 earnings release for after the markets close on October 26, 2026, followed by a conference call on October 27, 2026, at 10:00 a.m. ET.