| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | -9.8B | -211% |
| Gross Profit | -23.1B | - |
| Cost Of Revenue | 13.3B | +94% |
| Operating Income | 3.1B | - |
| Operating Expenses | -26.2B | - |
| Net Income | -1.5B | -231% |
| G&A | 808.4MM | - |
| Amortization | 120.4MM | - |
| Interest Expense | 120MM | +90% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Going into the Q1 earnings season, earnings releases from the sector giants will determine the movement of these funds.
Nucor and Steel Dynamics have pulled back to their 50-day moving average with first-quarter earnings due next week.
Nucor (NYSE:NUE) has had a great run on the share market with its stock up by a significant 16% over the last three...
Nucor Corporation (NYSE: NUE) announced today the appointment of Nicole B. Theophilus to the newly created position of Executive Vice President of Talent and Human Resources, effective April 29, 2024. In this role, Ms. Theophilus will focus on Nucor's enterprise talent development and human resources strategy.
The takeover of United States Steel by Japan’s Nippon Steel is in limbo following opposition from both Republicans and Democrats. U.S. Steel’s history stretches back to the 19th century and includes names such as Andrew Carnegie and J.P. Morgan. U.S. Steel is now just the world’s 27th-largest steel company based on steel output, after falling from 12th largest a decade ago.
Beyond analysts' top -and-bottom-line estimates for Nucor (NUE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
Higher earnings in the steel mills segment on increased selling prices are likely to have supported Nucor's (NUE) first-quarter results.
The latest trading day saw Nucor (NUE) settling at $192.11, representing a -0.98% change from its previous close.
Nucor (NUE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Steel Dynamics (STLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.