Nucor Posts Mixed Q1 Results, Sees Q2 Growth

Nucor Corporation reported adjusted first-quarter 2025 earnings of $0.77 per share, down from $3.46 a year earlier, but beating most analyst expectations. Revenue declined 4% year-over-year to $7.83 billion, primarily due to a 12% drop in average sales prices, though it still exceeded consensus forecasts. Steel shipments increased 10% to 13% year-over-year, reflecting continued strong demand. Profitability was impacted by lower steel prices and weaker raw material margins, but the steel mills segment benefited from higher volumes and operating rates. Nucor projects increased earnings across all operating segments in the second quarter of 2025, particularly in steel mills, as higher average selling prices for sheet and plate products are anticipated. The company’s stock price remained relatively stable after the mixed earnings report and positive outlook.