CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Nucor Corp. (NUE) on Monday reported third-quarter net income of $249.9 million.
The Charlotte, North Carolina-based company said it had profit of $1.05 per share. Earnings, adjusted for asset impairment costs, came to $1.49 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share.
The steel company posted revenue of $7.44 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $7.2 billion.
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