Nucor (NUE) official guidance
Nucor (NUE) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteNUENUCOR CORPFY2027 · ends 2027-12-31
1 metric1 newearnings call · 3d
2026-10-27 15:22:15 UTCfull run ratenew
We expect utilization rates for the new gal line to reach 50% in the second quarter of next year, on its way to full run rate by the end of 2027.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
NUENUCOR CORPQ2 FY2027
1 metric1 newearnings call · 3d
2026-10-27 15:22:15 UTC50%new
We expect utilization rates for the new gal line to reach 50% in the second quarter of next year, on its way to full run rate by the end of 2027.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
NUENUCOR CORPFY2027 · ends 2027-12-31
1 metric1 maintainedearnings call · 3d
2026-10-27 15:22:15 UTC50%maintained
Our priority will be to operate safely and reliably while steadily increasing production toward our 50% utilization target by the end of 2027.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-07-29 04:02:16 UTC50%new
We've shared previously that we expect to be at about 50% utilization by the end of year one, and really our focus from now through 2027 is just getting on being safe, getting reliable and getting consistent production on the mill.
NUE · transcript · Q2 FY2026
2026-07-29 04:00:00 UTCOpen source
NUENUCOR CORPFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 3d
2026-10-27 15:22:15 UTC$2.5Bmaintained-26.9% vs FY2025
For the full year, we expect our capital expenditures to finish at or slightly below our original $2.5 billion estimate.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-07-29 04:02:16 UTC$2.5Bmaintained-26.9% vs FY2025
Capital expenditures totaled $571 million in the quarter, and we still expect to reinvest approximately $2.5 billion for the year, with about 60% of that allocated toward growth projects.
NUE · transcript · Q2 FY2026
2026-07-29 04:00:00 UTCOpen source
2026-04-29 04:01:18 UTC$2.5Bmaintained-26.9% vs FY2025
Capital expenditures totaled $661 million for the quarter, and we remain on track with our $2.5 billion CapEx estimate for the full year.
NUE · transcript · Q1 FY2026
2026-04-29 04:00:00 UTCOpen source
2026-01-28 05:01:36 UTC$2.5B
Our current estimate for 2026 CapEx is approximately $2.5 billion.
NUE · transcript · Q4 FY2025
2026-01-28 05:00:00 UTCOpen source
2025-10-29 04:01:22 UTCat most -$500Mnew
We will provide more detail on our CAPEX budget for 2026 on our year-end earnings call in January. We expect overall expenditures to decline by more than a half a billion dollars compared with 2025.
NUE · transcript · Q3 FY2025
2025-10-29 04:00:00 UTCOpen source
NUENUCOR CORPFY2027 · ends 2027-12-31
1 metric1 newearnings call · 3d
2026-10-27 15:22:15 UTCdecline furthernew
Looking ahead, we expect our CapEx to decline further in 2027, extending the step down from peak spending in 2024 and 2025.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
NUENUCOR CORPQ4 FY2026 · ends 2026-12-31
5 metrics1 newearnings call · 3d
2026-10-27 15:22:15 UTCa modest upticknew
I'd say your last question about looking ahead to Q4, I think you could expect a modest uptick in conversion costs Q over Q.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-27 15:22:15 UTCslightly lower earnings
In raw materials, we expect slightly lower earnings, primarily due to lower realized DRI pricing.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTCslightly lower earningsnew
The raw materials segment is expected to have slightly lower earnings due to lower realized DRI pricing.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
2026-10-27 15:22:15 UTCstable earnings
In steel mills, we expect stable earnings as higher average pricing across all product groups is offset by seasonally lower volumes and higher costs.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTCstable earningsnew
In the steel mills segment, we expect stable earnings due to higher realized pricing offset by seasonally lower volumes and higher costs.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
2026-10-27 15:22:15 UTCstable earnings
In steel products, higher pricing is expected to offset the impact of lower volumes, resulting in stable earnings for the segment.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTCstable earningsnew
In the steel products segment, we expect stable earnings on higher realized pricing and seasonally lower volumes.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
2026-10-27 15:22:15 UTCin line with or modestly higher than the third quarter results
Turning to our fourth quarter outlook, we expect consolidated earnings to be in line with or modestly higher than the third quarter results.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTCgenerally in-line with or modestly higher than the third quarternew
We expect earnings in the fourth quarter of 2026 to be generally in-line with or modestly higher than the third quarter.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
NUENUCOR CORPFY2027
2 metrics2 newearnings call · 3d
2026-10-27 15:22:15 UTCfull productionnew
Our Brigham City, Utah facility remains on track to reach full production by mid-2027.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-27 15:22:15 UTCramp productionnew
As we complete commissioning, the team is preparing to ramp production in early 2027.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
NUENUCOR CORPQ4 FY2026 · ends 2026-12-31
4 metricsearnings call · 3d
2026-10-27 15:22:15 UTClower intersegment profit eliminations
Finally, we expect to benefit from lower intersegment profit eliminations that should reduce corporate and elimination expense relative to the third quarter.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTCdecrease in the fourth quarternew
Intersegment profit eliminations are expected to decrease in the fourth quarter.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
2026-10-27 15:22:15 UTClower realized DRI pricing
In raw materials, we expect slightly lower earnings, primarily due to lower realized DRI pricing.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTClower realized DRI pricingnew
The raw materials segment is expected to have slightly lower earnings due to lower realized DRI pricing.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
2026-10-27 15:22:15 UTChigher average pricing
In steel mills, we expect stable earnings as higher average pricing across all product groups is offset by seasonally lower volumes and higher costs.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTChigher realized pricingnew
In the steel mills segment, we expect stable earnings due to higher realized pricing offset by seasonally lower volumes and higher costs.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
2026-10-27 15:22:15 UTChigher pricing
In steel products, higher pricing is expected to offset the impact of lower volumes, resulting in stable earnings for the segment.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTChigher realized pricingnew
In the steel products segment, we expect stable earnings on higher realized pricing and seasonally lower volumes.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
NUENUCOR CORPFY2026 · ends 2026-12-31
1 metricearnings call · 3d
2026-10-27 15:22:15 UTCat least 40%
We remain committed to returning at least 40% of net earnings to shareholders on an annual basis.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-07-29 04:02:16 UTCat least 40%
Consistent with our capital allocation framework, we remain committed to returning at least 40% of net earnings to shareholders on an annual basis.
NUE · transcript · Q2 FY2026
2026-07-29 04:00:00 UTCOpen source
2026-04-29 04:01:18 UTCat least 40%new
Consistent with our long-term track record, we remain committed to returning at least 40% of net earnings to shareholders on an annual basis.
NUE · transcript · Q1 FY2026
2026-04-29 04:00:00 UTCOpen source
NUENUCOR CORPFY2027 · ends 2027-12-31
1 metric1 newearnings call · 3d
2026-10-27 15:22:15 UTCremain elevated in 2027 at levels similar to or higher to those in 2026new
As with any project of this scale and complexity, we expect startup costs to remain elevated in 2027 at levels similar to or higher to those in 2026.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
NUENUCOR CORPQ4 FY2026 · ends 2026-12-31
2 metricsearnings call · 3d
2026-10-27 15:22:15 UTCseasonally lower volumes
In steel mills, we expect stable earnings as higher average pricing across all product groups is offset by seasonally lower volumes and higher costs.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTCseasonally lower volumesnew
In the steel mills segment, we expect stable earnings due to higher realized pricing offset by seasonally lower volumes and higher costs.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source
2026-10-27 15:22:15 UTClower volumes
In steel products, higher pricing is expected to offset the impact of lower volumes, resulting in stable earnings for the segment.
NUE · transcript · Q3 FY2026
2026-10-27 15:21:00 UTCOpen source
2026-10-26 20:55:10 UTCseasonally lower volumesnew
In the steel products segment, we expect stable earnings on higher realized pricing and seasonally lower volumes.
NUE · EX-99.1 · Q3 FY2026
2026-10-26 20:54:01 UTCOpen source