| NUE |
Report |
Q2'26 Adjusted EPS |
IN-LINE |
pred ~$4.55 vs. cons ~$4.55 |
HIGH |
| NUE |
Report |
Q2'26 Net sales |
IN-LINE |
pred ~$9.9B vs. cons ~$9.8B |
MEDIUM |
| NUE |
Report |
Steel Mills segment pretax earnings |
IN-LINE |
pred ~$1.45B vs. cons ~$1.40B |
MEDIUM |
| NUE |
Guide |
Q3'26 implied EPS (one-time refund + Helion gain roll off) |
LOWER |
guide ~$4.05 vs. cons ~$4.35 (Q3'26) |
MEDIUM |
| NUE |
Guide |
FY26 steel shipment growth |
BETTER |
guide ~+8% vs. cons ~+6% (FY26) |
MEDIUM |
| NUE |
Guide |
Steel-mills backlog / H2 sheet price catch-up commentary |
BETTER |
guide backlog ~4.7M+ tons vs. ~4.7M tons prior (Q3'26 entry) |
LOW |
| NUE |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.0% |
— |
MEDIUM |
| NUE |
Return |
5-day cumulative residual |
-3.5% (FADE) |
Headline is fully pre-announced ($4.70-4.80 GAAP / $4.50-4.60 adj), so the print is de-risked and offers little upside surprise. Q2 is inflated by ~$130M one-time raw-materials refund and a ~$61M non-cash Helion gain that do not recur, so the out-period math implies a lower sequential Q3 even off a strong Q2 — analysts trim Q3 estimates. With the stock up ~46% YTD and rebounding into the print near cyclical highs, sell-the-news risk dominates; strong FY shipment/backlog commentary cushions but doesn't offset the implicit Q3 step-down, driving a fade over the week. |
MEDIUM |