| NUE |
Report |
Adjusted EPS (Q2 2026) |
BEAT |
pred ~$4.68 vs. cons $4.57 |
MEDIUM |
| NUE |
Report |
Total Revenue (Q2 2026) |
BEAT |
pred ~$10.35B vs. cons $10.14B |
MEDIUM |
| NUE |
Report |
Steel Mills segment pretax earnings / ASP |
BEAT |
pred ~$1.28B segment pretax profit (ASP ~$1,110/ton) vs. cons ~$1.22B (ASP ~$1,090/ton) |
LOW |
| NUE |
Guide |
Q3 2026 EPS/earnings guidance |
BETTER |
guide ~$4.85-4.95 vs. cons ~$4.75 (Q3 2026) |
LOW |
| NUE |
Guide |
FY2026 total shipment growth outlook |
BETTER |
guide ~10% vs. cons ~7% (FY2026) |
MEDIUM |
| NUE |
Guide |
FY2026 CapEx guidance |
UNCHANGED |
guide ~$2.5B vs. cons ~$2.5B (FY2026) |
MEDIUM |
| NUE |
Return |
Day-1 residual (stock − beta × S&P 500) |
-1.5% |
— |
MEDIUM |
| NUE |
Return |
5-day cumulative residual |
-3.0% (FADE) |
Stock has rallied ~45% from April lows to ~$247 heading into the print (near the 52-wk high of $271), pricing in a beat-and-raise scenario. Even with an EPS/revenue beat and a modestly better FY2026 shipment/volume outlook, the magnitude of the raise (Q3 guide only slightly above consensus, CapEx/capital-return targets unchanged) is unlikely to be enough to justify further multiple expansion after such a sharp run. Analyst estimate revisions should move up modestly (positive out-period EPS math from higher HRC realizations), but with so much good news already discounted and elevated positioning, profit-taking and 'sell-the-news' dynamics typically dominate over the following days, producing a fade rather than follow-through, similar to prior instances where NUE gave back a portion of pre-print gains after in-line-to-good (but not blow-out) prints. |
MEDIUM |