Nucor to Report Q3 Earnings: What's in the Cards for the Stock?

Nucor Corporation NUE is set to release third-quarter 2025 results after the closing bell on Oct. 27.The U.S. steel giant surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once. It has a trailing four-quarter earnings surprise of roughly 27.4%, on average. It posted a negative earnings surprise of 0.8% in the last reported quarter. Lower earnings across the segments are likely to have hurt NUE’s third-quarter results.Nucor’s shares have lost 2.1% over the past year, compared with the Zacks Steel Producers industry’s 10.2% rise.Image Source: Zacks Investment ResearchLet’s see how things are shaping up for this announcement.What do NUE’s Revenue Estimates Say?The Zacks Consensus Estimate for third-quarter consolidated revenues for Nucor is currently pegged at $8,162.8 million, reflecting a year-over-year rise of 9.7%.Factors at Play for NUE StockLower segment earnings are likely to have adversely impacted NUE’s performance in the September quarter. Nucor, last month, said that it expects earnings to decrease across all three operating segments compared to the previous quarter. The steel mills segment is expected to have seen decreased earnings due to lower volumes and margin compression, while the steel products segment’s earnings are likely to have decreased from higher average costs per ton as pricing and demand remain stable. The raw materials segment is also expected to have earned lower profits due to weaker profitability in scrap processing operations.Meanwhile, U.S. steel prices retreated in the third quarter amid cautious buyer activity. The Trump administration's imposition of a 25% tariff on all steel imports into the United States in March 2025 led to a surge in benchmark hot-rolled coil (HRC) prices to a peak of nearly $950 per short ton. While the administration's early June doubling of steel tariffs to 50% and the consequent steel mill price hikes triggered only a temporary lift, these failed to effectively drive up HRC prices further to new highs as intended. Overall demand weakness and abundant steel mill output put a pause on a sustained price rally, dragging HRC prices to around $800 per short ton. Despite this pullback, stable selling prices are expected to have supported Nucor’s performance in the quarter to be reported. Our estimate for third-quarter average sales price per ton for the company’s steel mills unit stands at $1,041, stable sequentially.Nucor Corporation Price and EPS Surprise Nucor Corporation price-eps-surprise | Nucor Corporation QuoteWhat Our Model Unveils for NUE StockOur proven model does not conclusively predict an earnings beat for Nucor this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here.Earnings ESP: Earnings ESP for NUE is -1.28%. The Zacks Consensus Estimate for the third quarter is currently pegged at $2.16. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: NUE currently carries a Zacks Rank #4 (Sell).Basic Materials Stocks That Warrant a LookHere are some companies in the basic materials space you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter:Agnico Eagle Mines Limited AEM, scheduled to release earnings on Oct. 29, has an Earnings ESP of +11.44% and carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.The consensus estimate for AEM’s earnings for the third quarter is currently pegged at $1.76.Kinross Gold Corporation KGC, scheduled to release earnings on Nov. 4, has an Earnings ESP of +13.13%.The Zacks Consensus Estimate for KGC's earnings for the third quarter is currently pegged at 33 cents. KGC currently carries a Zacks Rank #1. Barrick Mining Corporation B, slated to release earnings on Nov. 10, has an Earnings ESP of +2.93% and carries a Zacks Rank #3 at present.The consensus mark for B’s third-quarter earnings is currently pegged at 57 cents.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nucor Corporation (NUE): Free Stock Analysis Report Kinross Gold Corporation (KGC): Free Stock Analysis Report Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report Barrick Mining Corporation (B): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks