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Nucor Corp. Q4 Income Retreats

Nucor Corp. (NUE) released a profit for fourth quarter that decreased from the same period last year.

The company's profit came in at $107.82 million, or $0.35 per share. This compares with $646.78 million, or $2.07 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 18.6% to $5.13 billion from $6.30 billion last year.

Nucor Corp. earnings at a glance:

-Earnings (Q4): $107.82 Mln. vs. $646.78 Mln. last year.
-EPS (Q4): $0.35 vs. $2.07 last year.
-Analysts Estimate: $0.31
-Revenue (Q4): $5.13 Bln vs. $6.30 Bln last year.

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