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Nucor (NUE) Guides Q2 GAAP EPS

June 15, 2011 9:06 AM EDT
Nucor Corporation (NYSE: NUE) updates on Q2 guidance.

Sees earnings of 75 to 80 cents per share, versus consensus of 87 cents per share.

Projected second quarter results include an estimated LIFO charge of $31 million ($0.06 per diluted share) compared to charges of $67 million in the second quarter of 2010 ($0.13 per diluted share) and $31 million in the first quarter of 2011 ($0.06 per diluted share).


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