—Nucor fell 5% after the steel producer issued disappointing third-quarter earnings guidance. The company expects earnings per share to range between $6.30 and $6.40, well below a StreetAccount forecast of $7.56.
"We expect the steel mills segment earnings to be considerably lower in the third quarter of 2022 as compared to the second quarter of 2022, due to metal margin contraction and reduced shipping volumes," Nucor said.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Making the Biggest Moves Premarket: Carvana, Bristol-Myers Squibb, Alphatec and MoreThese are the stocks posting the largest moves in premarket trading.
Read more »
Stocks Making the Biggest Moves Premarket: Rent the Runway, Oracle, Wolfspeed and MoreThese are the stocks posting the largest moves in premarket trading.
Read more »
Stocks Making the Biggest Moves Midday: Bristol-Myers Squibb, Twitter, Gilead Sciences and MoreThese are the stocks posting the largest moves midday.
Read more »