Investing.com - Nucor (NYSE:NUE) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nucor announced earnings per share of $6.50 on revenue of $10.50. Analysts polled by Investing.com anticipated EPS of $6.77 on revenue of $10.03B.
Nucor shares are up 6% from the beginning of the year and are trading at $121.89 , down-from-52-week-high.
Nucor follows other major Materials sector earnings this month
Nucor's report follows an earnings beat by Dow on Thursday, who reported EPS of $1.11 on revenue of $14.12B, compared to forecasts EPS of $1.08 on revenue of $13.42B.
PPG Industries had missed expectations on Wednesday with third quarter EPS of $1.66 on revenue of $4.47B, compared to forecast for EPS of $1.74 on revenue of $4.5B.
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