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Nucor Corp. Announces Advance In Q2 Profit

Nucor Corp. (NUE) revealed a profit for its second quarter that advanced from last year.

The company's earnings totaled $1.51 billion, or $5.04 per share. This compares with $0.11 billion, or $0.36 per share, in last year's second quarter.

Analysts had expected the company to earn $4.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 103.0% to $8.79 billion from $4.33 billion last year.

Nucor Corp. earnings at a glance:

-Earnings (Q2): $1.51 Bln. vs. $0.11 Bln. last year.
-EPS (Q2): $5.04 vs. $0.36 last year.
-Analysts Estimate: $4.74
-Revenue (Q2): $8.79 Bln vs. $4.33 Bln last year.

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