WASHINGTON (dpa-AFX) - Nucor Corp. (NUE) released earnings for second quarter that Drops, from the same period last year and missed the Street estimates.
The company's earnings came in at $603 million, or $2.60 per share. This compares with $645 million, or $2.68 per share, last year.
Analysts on average had expected the company to earn $2.70 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.7% to $8.456 billion from $8.077 billion last year.
Nucor Corp. earnings at a glance (GAAP) :
-Earnings: $603 Mln. vs. $645 Mln. last year. -EPS: $2.60 vs. $2.68 last year. -Revenue: $8.456 Bln vs. $8.077 Bln last year.
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