Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for used in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission. This segment is also involved in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It markets its products through in-house sales force; and internal distribution and trading companies. Nucor Corporation was founded in 1905 and is headquartered in Charlotte, North Carolina.

Nucor looks like a high-quality but no longer cheap cyclical metals business. Revenue, EBITDA, operating profit, and net profit have increased significantly compared with previous periods, which confirms an improvement in the operating trend and supports the valuation. Liquidity is strong: a current ratio of 2.90 and a quick ratio of 1.55 are above industry benchmarks, while debt/equity of 0.30 indicates a moderate debt burden and a cushion of financial stability. At the same time, profitability remains a weak point: gross margin, operating margin, and net margin are below the industry median, which is typical for steel but limits re-rating potential. ROA looks acceptable and close to the industry level, but ROE and ROI are below median values, so capital efficiency does not look outstanding. Valuation multiples, by contrast, are already elevated: P/E, P/S, and P/B are above the industry, and P/FCF looks especially high, signaling an expensive valuation relative to current cash flow. Dividend yield has declined, so the dividend argument is now weaker than before. Growth in EPS and forward EPS looks positive, but the market has already partly priced this in. The balance sheet is supported by growth in equity and stable assets, but this does not fully offset the richness of the valuation multiples. Overall, the fundamentals support holding/limited upside rather than an aggressive upward re-rating. For an investor, this is a story of good resilience and improving earnings, but with limited revaluation potential because of already high valuation ratios.

Nucor Corporation

Сильный индекс, значительно упал. Быки в растерянности.

Strong index, significantly down. The bulls are confused.

Сильный индекс, без изменений. Рынок на стороне быков.

Strong index, flat. The market is on the bulls' side.

Средний индекс, незначительно упал. Приток средств в лонги снизился, но остается положительным.

Medium index, slightly down. The inflow of funds into longs has decreased, but remains positive.

Nucor has a strong balance sheet and earnings growth, but its valuation is already expensive on P/E, P/B, and P/FCF, while margins and return on capital remain below the industry.

The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.21%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.98%. September E-mini S&P futures (ESU26) rose +0.24%, and September E-mini Nasdaq futures (NQU26) fell -0.88%.
Stock indexes settled mixed on Tuesday, with the Dow Jones Industrials climbing to a 1.5-week high and the Nasdaq 100 falling to a 2.75-month low. Better-than-expected earnings from Boeing, Coca-Cola and Sherwin-Williams were supportive of stocks on Tuesday. Also, software stocks rose as investors rotated into sectors that had recently underperformed.
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However, the Nasdaq 100 was under pressure amid a deepening rout in chipmakers and AI-infrastructure stocks, driven by fresh concerns over artificial intelligence spending and rising competition from China. Also, the unexpected decline in US July consumer confidence weighed on market sentiment on Tuesday.
Lower crude oil prices have also eased inflation concerns and pushed bond yields lower, supporting stocks. Sep WTI crude oil prices (CLU26) fell by more than -4% on Tuesday to a 1-week low, as the US and Iran extended their pause in hostilities. The focus is now on talks between Iran and Oman over reopening the Strait of Hormuz. The 10-year T-note yield fell -5 bp to 4.60%.
However, tensions remain high in the Middle East as the US maintains its blockade of Iranian oil shipments in the Persian Gulf. Also, President Trump on Tuesday said that the US would “take out” Pickaxe Mountain, an Iranian facility that the US and Israel said they suspect is a nuclear site, if there wasn’t a deal. In addition, Houthi militants said they would continue striking Saudi Arabia after claiming to have struck facilities linked to Saudi Aramco in the Red Sea port towns of Jizan and Yanbu on Saturday. Yanbu, the western end of the East-West pipeline, has become Saudi Arabia’s key crude export outlet since the Strait of Hormuz has been effectively shut off by the war.
The US May S&P composite-20 home price index rose +1.6% y/y, stronger than expectations of +1.3% y/y and the largest increase in 10 months.
The Conference Board US Jul consumer confidence index unexpectedly fell by -1.4 to 90.8, weaker than expectations of an increase to 92.4.
The US Jul Richmond Fed manufacturing survey rose +1 to 5, weaker than expectations of 6.
The outlook for strong Q2 earnings, which continue this week, is a bullish factor for stocks. The markets are awaiting results from a raft of megacap technology companies this week, including Microsoft and Meta Platforms on Wednesday, and Amazon.com and Apple on Thursday. Forecasts compiled by Bloomberg Intelligence suggest Q2 earnings may increase by +23%, close to Q1’s blowout earnings of +30%, which was more than double the +12% analysts had expected. AI spending is expected to account for most of earnings, with AI infrastructure stocks set to contribute nearly 60% of the S&P 500's earnings-per-share growth in Q2. So far, earnings results have been positive, with 86% of the 170 S&P 500 companies that have reported Q2 earnings beating estimates, according to Bloomberg data.
The markets are discounting a 30% chance of a +25 bp rate hike at the Tue/Wed FOMC meeting.
Overseas stock markets settled mixed on Tuesday. The Euro Stoxx 50 closed up +0.12%. China's Shanghai Composite closed down -1.16%. Japan's Nikkei-225 Stock Average fell to a 2-month low and closed down sharply by -3.95%.
Interest Rates
September 10-year T-notes (ZNU6) on Tuesday closed up +7.5 ticks. The 10-year T-note yield fell -4.9 bp to 4.600%. T-notes pushed higher on Tuesday as a -4% plunge in crude oil prices eased inflation expectations. The 10-year breakeven inflation rate fell to a 1-month low of 2.192% on Tuesday. T-notes also rose after US July consumer confidence unexpectedly declined. Solid demand for the Treasury’s $44 billion auction of 7-year T-notes was bullish for T-note prices, as the auction had a bid-to-cover ratio of 2.49, better than the 10-auction average of 2.47.
European government bond yields moved lower on Tuesday. The 10-year German bund yield fell to a 2-week low of 3.103% and finished down -2.9 bp to 3.104%. The 10-year UK gilt yield slid to a 1-week low of 4.944% and finished down -5.2 bp to 4.944%.
The France Jul consumer confidence survey rose +2 to a 4-month high of 86, stronger than expectations of 85.
The markets are discounting an 86% chance of a +25 bp ECB rate hike at its next policy meeting on September 10.
US Stock Movers
Software stocks rallied on Tuesday, a supportive factor for the overall market. Workday (WDAY) closed up more than +8% to lead gainers in the Nasdaq 100, and Thomson Reuters (TRI) and Autodesk (ADSK) closed up more than +5%. Also, Adobe (ADBE), ServiceNow (NOW), Salesforce (CRM), and Atlassian (TEAM) closed up more than +4%, and Intuit (INTU) closed up more than +3%. In addition, Microsoft (MSFT) and Cadence Design Systems (CDNS) closed up more than +1%.
Chipmakers and AI-infrastructure stocks retreated on Tuesday, weighing on the Nasdaq 100. The iShares Semiconductor ETF (SOXX) dropped to a 2.5-month low and closed down more than -4%. Sandisk (SNDK) closed down more than -14% to lead losers in the S&P 500 and Nasdaq 100, and Advanced Micro Devices (AMD), ARM Holdings Plc (ARM), Micron Technology (MU) and Seagate Technology Holdings Plc (STX) closed down more than -8%. Also, Applied Materials (AMAT), Marvell Technology (MRVL), and Lam Research (LRCX) closed down more than -7%, and KLA Corp (KLAC) and Western Digital (WDC) closed down more than -6%. In addition, Intel (INTC) closed down more than -5%, and Qualcomm (QCOM) closed down more than -4%.
Cryptocurrency-exposed stocks moved lower on Tuesday after Bitcoin (^BTCUSD) fell more than -1% to a 1-week low. Galaxy Digital Holdings (GLXY) closed down more than -9%, and MARA Holdings (MARA) closed down more than -4%. Also, Strategy (MSTR), Riot Platforms (RIOT), and Circle Internet Group (CRCL) closed down more than -2%, and Coinbase Global (COIN) closed down -0.39%.
IQVIA Holdings (IQV) closed up more than +13% to lead gainers in the S&P 500 after boosting its full-year revenue forecast to $17.28 billion to $17.48 billion from a previous forecast of $17.15 billion to $17.35 billion, stronger than the consensus of $17.28 billion.
Sherwin-Williams (SHW) closed up more than +8% to lead gainers in the Dow Jones Industrials after reporting adjusted EPS of $3.70, better than the consensus of $3.51, and raising its full-year adjusted EPS forecast to $11.80 to $12.20 from a previous forecast of $11.50 to $11.90, above the consensus of $11.76.
Nucor (NUE) closed up more than +7% after reporting Q2 net sales of $10.40 billion, above the consensus of $10.03 billion.
Coca-Cola (KO) closed up +5% after raising its full-year comparable EPS forecast to +9% to +10% from a previous view of +8% to +9%.
Boeing (BA) closed up more than +4% after reporting Q2 revenue of $24.56 billion, stronger than the consensus of $24.26 billion.
Amkor Technology (AMKR) closed down more than -24% after forecasting Q3 net sales of $1.95 billion to $2.05 billion, weaker than the consensus of $2.11 billion.
Corning (GLW) closed down more than -12% after forecasting Q3 core sales of $4.9 billion to $5.0 billion, the midpoint below the consensus of $5.0 billion.
Noble Corp. (NE) closed down more than -9% after cutting its full-year adjusted Ebitda estimate to $850 million to $925 million from a previous forecast of $940 million to $1.02 billion, below the consensus of $970.3 million.
Carrier Global (CARR) closed down more than -8% after reporting Q2 gross margin of 27.2%, below the consensus of 28.1%.
RXO Inc (RXO) closed down more than -6% after TD Cowen downgraded the stock to sell from hold with a price target of $19.
Earnings Reports (7/29/2026)
Align Technology Inc (ALGN), American Water Works Co Inc (AWK), Amphenol Corp (APH), Aon PLC (AON), Automatic Data Processing Inc (ADP), Biogen Inc (BIIB), Boston Scientific Corp (BSX), Bunge Global SA (BG), Carvana Co (CVNA), CBRE Group Inc (CBRE), CH Robinson Worldwide Inc (CHRW), Chipotle Mexican Grill Inc (CMG), Cognizant Technology Solutions (CTSH), Electronic Arts Inc (EA), Entergy Corp (ETR), Equinix Inc (EQIX), Essex Property Trust Inc (ESS), Everest Group Ltd (EG), Fair Isaac Corp (FICO), Flex Ltd (FLEX), Fortinet Inc (FTNT), Fortive Corp (FTV), Garmin Ltd (GRMN), GE HealthCare Technologies Inc (GEHC), Generac Holdings Inc (GNRC), General Dynamics Corp (GD), Humana Inc (HUM), IDEX Corp (IEX), Invitation Homes Inc (INVH), Johnson Controls International (JCI), L3Harris Technologies Inc (LHX), Lam Research Corp (LRCX), Lennox International Inc (LII), Masco Corp (MAS), Meta Platforms Inc (META), MGM Resorts International (MGM), Microsoft Corp (MSFT), Mid-America Apartment Communities (MAA), Old Dominion Freight Line Inc (ODFL), O'Reilly Automotive Inc (ORLY), Procter & Gamble Co/The (PG), PTC Inc (PTC), Public Storage (PSA), QUALCOMM Inc (QCOM), Regency Centers Corp (REG), Robinhood Markets Inc (HOOD), Smurfit Westrock PLC (SW), Stanley Black & Decker Inc (SWK), Starbucks Corp (SBUX), Tyler Technologies Inc (TYL), Ventas Inc (VTR), Verisk Analytics Inc (VRSK), Vertiv Holdings Co (VRT), VICI Properties Inc (VICI), Vulcan Materials Co (VMC), Waste Management Inc (WM), WEC Energy Group Inc (WEC).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Settle Mostly Higher on Positive Earnings Results

The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.738%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.12%. September E-mini S&P futures (ESU26) are up +0.05%, and September E-mini Nasdaq futures (NQU26) are down -1.20%.
Stock indexes are mixed today, with the Dow Jones Industrials climbing to a 1.5-week high and the Nasdaq 100 falling to a 2.75-month low. Better-than-expected earnings from Coca-Cola and Sherwin-Williams are supportive of stocks today. However, the Nasdaq 100 is under pressure today amid a deepening rout in chipmakers and AI-infrastructure stocks, driven by fresh concerns over artificial intelligence spending and rising competition from China. Also, the unexpected decline in US July consumer confidence is weighing on market sentiment today. Losses in stock indexes are limited as investors rotate into sectors that tend to generate relatively stable revenue regardless of the economic cycle.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Lower crude oil prices have also eased inflation concerns and are pushing bond yields lower, supporting stocks. Sep WTI crude oil prices (CLU26) are down by more than -1% today to a 1-week low, as the US and Iran extended their pause in hostilities. The focus is now on talks between Iran and Oman over reopening the Strait of Hormuz. The 10-year T-note yield is down -4 bp to 4.61%.
However, tensions remain high in the Middle East as the US maintains its blockade of Iranian oil shipments in the Persian Gulf and President Trump raised the possibility of intensified action against Iran. Also, Houthi militants in Yemen claimed to have struck facilities linked to Saudi Aramco in the Red Sea port towns of Jizan and Yanbu on Saturday. Yanbu, the western end of the East-West pipeline, has become Saudi’s key crude export outlet since the Strait of Hormuz has effectively been shut off by the war. Jizan is home to a refinery and export terminal along the Red Sea.
The US May S&P composite-20 home price index rose +1.6% y/y, stronger than expectations of +1.3% y/y and the largest increase in 10 months.
The Conference Board US Jul consumer confidence index unexpectedly fell by -1.4 to 90.8, weaker than expectations of an increase to 92.4.
The US Jul Richmond Fed manufacturing survey rose +1 to 5, weaker than expectations of 6.
The outlook for strong Q2 earnings, which continue this week, is a bullish factor for stocks. The markets are waiting for results from a raft of megacap technology companies this week, including Amazon.com, Meta Platforms, and Microsoft. Forecasts compiled by Bloomberg Intelligence suggest Q2 earnings may increase by +23%, close to Q1’s blowout earnings of +30%, which was more than double the +12% analysts had expected. AI spending is expected to account for most of earnings, with AI infrastructure stocks set to contribute nearly 60% of the S&P 500's earnings-per-share growth in Q2. So far, earnings results have been positive, with 86% of the 145 S&P 500 companies that have reported Q2 earnings beating estimates, according to Bloomberg data.
The markets are discounting a 30% chance of a +25 bp rate hike at the Tue/Wed FOMC meeting.
Overseas stock markets are lower today. The Euro Stoxx 50 is down -0.06%. China's Shanghai Composite closed down -1.16%. Japan's Nikkei-225 Stock Average fell to a 2-month low and closed down sharply by -3.95%.
Interest Rates
September 10-year T-notes (ZNU6) today are up +6 ticks. The 10-year T-note yield is down -3.4 bp to 4.614%. T-notes are climbing today as a -1% fall in crude oil prices eases inflation expectations. The 10-year breakeven inflation rate fell to a 1-month low of 2.192% today. Also, short covering ahead of the 2-day FOMC meeting that begins today is supporting T-note prices. T-notes raced to their highs today after US July consumer confidence unexpectedly declined. Supply pressures are limiting gains in T-notes as the Treasury will auction $44 billion of 7-year T-notes later today.
European government bond yields are moving lower today. The 10-year German bund yield fell to a 2-week low of 3.106% and is down -0.7 bp to 3.126%. The 10-year UK gilt yield slid to a 1-week low of 4.945% and is down -2.9 bp to 4.968%.
The France Jul consumer confidence survey rose +2 to a 4-month high of 86, stronger than expectations of 85.
The markets are discounting an 88% chance of a +25 bp ECB rate hike at its next policy meeting on September 10.
US Stock Movers
Chipmakers and AI-infrastructure stocks are falling today, weighing on the broader market. The iShares Semiconductor ETF (SOXX) dropped to a 2.5-month low and is down more than -5%. Sandisk (SNDK) is down more than -14% to lead losers in the Nasdaq 100, and Western Digital (WDC) is down more than -13%. Also, Seagate Technology Holdings Plc (STX) is down more than -11%, and Micron Technology (MU) and Lam Research (LRCX) are down more than -9%. In addition, Advanced Micro Devices (AMD), ARM Holdings Plc (ARM), Applied Materials (AMAT), and Marvell Technology (MRVL) are down more than -8%, and Intel (INTC) and KLA Corp (KLAC) are down more than -6%.
Cryptocurrency-exposed stocks are moving lower today, with Bitcoin (^BTCUSD) down more than -2% at a 1-week low. Galaxy Digital Holdings (GLXY) is down more than -8%, and MARA Holdings (MARA) is down more than -5%. Also, Riot Platforms (RIOT) is down more than -4%, and Circle Internet Group (CRCL) is down more than -3%. In addition, Coinbase Global (COIN) and Strategy (MSTR) are down more than -1%.
Software stocks are mostly higher today, a supportive factor for the overall market. Workday (WDAY) is up more than +7% to lead gainers in the Nasdaq 100, and Thomson Reuters (TRI) is up more than +6%. Also, Autodesk (ADSK) is up more than +5%, and Adobe (ADBE), Intuit (INTU), ServiceNow (NOW), and Salesforce (CRM) are up more than +4%. In addition, Atlassian (TEAM) is up more than +2%, and Microsoft (MSFT) and Cadence Design Systems (CDNS) are up more than +1%.
Amkor Technology (AMKR) is down more than -22% after forecasting Q3 net sales of $1.95 billion to $2.05 billion, weaker than the consensus of $2.11 billion.
Corning (GLW) is down more than -18% to lead losers in the S&P 500 after forecasting Q3 core sales of $4.9 billion to $5.0 billion, the midpoint below the consensus of $5.0 billion.
Noble Corp. (NE) is down more than -7% after cutting its full-year adjusted Ebitda estimate to $850 million to $925 million from a previous forecast of $940 million to $1.02 billion, below the consensus of $970.3 million.
RXO Inc (RXO) is down more than -6% after TD Cowen downgraded the stock to sell from hold with a price target of $19.
IQVIA Holdings (IQV) is up more than +12% to lead gainers in the S&P 500 after boosting its full-year revenue forecast to $17.28 billion to $17.48 billion from a previous forecast of $17.15 billion to $17.35 billion, stronger than the consensus of $17.28 billion.
Sherwin-Williams (SHW) is up more than +7% to lead gainers in the Dow Jones Industrials after reporting adjusted EPS of $3.70, better than the consensus of $3.51, and raising its full-year adjusted EPS forecast to $11.80 to $12.20 from a previous forecast of $11.50 to $11.90, above the consensus of $11.76.
Coca-Cola (KO) is up more than +6% after raising its full-year comparable EPS forecast to up +9% to +10% from a previous view of +8% to +9%.
Nucor (NUE) is up more than +4% after reporting Q2 net sales of $10.40 billion, above the consensus of $10.03 billion.
Intuitive Surgical (ISRG) is up more than +2% after UBS upgraded the stock to buy from hold with a price target of $500.
Earnings Reports (7/28/2026)
American Tower Corp (AMT), Arch Capital Group Ltd (ACGL), Armstrong World Industries Inc (AWI), Avis Budget Group Inc (CAR), Axalta Coating Systems Ltd (AXTA), Axis Capital Holdings Ltd (AXS), Bloom Energy Corp (BE), Boeing Co/The (BA), BXP Inc (BXP), Caesars Entertainment Inc (CZR), Carrier Global Corp (CARR), Centene Corp (CNC), CenterPoint Energy Inc (CNP), Chemed Corp (CHE), CMS Energy Corp (CMS), Coca-Cola Co/The (KO), Corning Inc (GLW), CoStar Group Inc (CSGP), Crane Co (CR), DTE Energy Co (DTE), Ecolab Inc (ECL), Enphase Energy Inc (ENPH), ExlService Holdings Inc (EXLS), Expand Energy Corp (EXE), Extra Space Storage Inc (EXR), FirstEnergy Corp (FE), Ford Motor Co (F), HF Sinclair Corp (DINO), Hilton Worldwide Holdings Inc (HLT), Hubbell Inc (HUBB), Illinois Tool Works Inc (ITW), Incyte Corp (INCY), Invesco Ltd (IVZ), IQVIA Holdings Inc (IQV), KLA Corp (KLAC), Landstar System Inc (LSTR), Liberty Live Holdings Inc (LLYVA), Manhattan Associates Inc (MANH), Mondelez International Inc (MDLZ), NOV Inc (NOV), NXP Semiconductors NV (NXPI), Omnicom Group Inc (OMC), Oshkosh Corp (OSK), PACCAR Inc (PCAR), PayPal Holdings Inc (PYPL), Pentair PLC (PNR), PPG Industries Inc (PPG), Qorvo Inc (QRVO), Repligen Corp (RGEN), Rithm Capital Corp (RITM), Royal Caribbean Cruises Ltd (RCL), S&P Global Inc (SPGI), Seagate Technology Holdings PL (STX), Sherwin-Williams Co/The (SHW), Skyworks Solutions Inc (SWKS), STAG Industrial Inc (STAG), Teradyne Inc (TER), Textron Inc (TXT), TransUnion (TRU), United Parcel Service Inc (UPS), Unum Group (UNM), Veralto Corp (VLTO), Visa Inc (V), WP Carey Inc (WPC), Xylem Inc/NY (XYL).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Mixed on Earnings Results and Weakness in Chipmakers

The S&P 500 Index ($SPX) (SPY) today is down -0.22%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.68%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.50%. September E-mini S&P futures (ESU26) are down -0.29%, and September E-mini Nasdaq futures (NQU26) are down -1.56%.
Stock indexes are mixed today, with the Dow Jones Industrials posting a 1.5-week high and the Nasdaq 100 falling to a 2.75-month low. Better-than-expected earnings from Coca-Cola and Sherwin-Williams are supportive of stocks today. However, the Nasdaq 100 is under pressure today amid a deepening rout in chipmakers and AI-infrastructure stocks, driven by fresh concerns over artificial intelligence spending and rising competition from China. Also, losses in stock indexes are limited as investors rotate into other sectors of the market that tend to generate relatively stable revenues regardless of the economic cycle.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Lower crude oil prices have also eased inflation concerns and are pushing bond yields lower, supporting stocks. Sep WTI crude oil prices (CLU26) are down by more than 1% today to a 1-week low, as the US and Iran extended their pause in hostilities. The focus is now on talks between Iran and Oman over reopening the Strait of Hormuz. The 10-year T-note yield is down -2 bp to 4.63%
However, tensions remain high in the Middle East as the US maintains its blockade of Iranian oil shipments in the Persian Gulf and President Trump raised the possibility of intensified action against Iran. Also, Houthi militants in Yemen claimed to have struck facilities linked to Saudi Aramco in the Red Sea port towns of Jizan and Yanbu on Saturday. Yanbu, the western end of the East-West pipeline, has become Saudi’s key crude export outlet since the Strait of Hormuz has effectively been shut off by the war. Jizan is home to a refinery and export terminal along the Red Sea.
The US May S&P composite-20 home price index rose +1.6% y/y, stronger than expectations of +1.3% y/y and the largest increase in 10 months.
The outlook for strong Q2 earnings, which continue this week, is a bullish factor for stocks. The markets are waiting for results from a raft of megacap technology companies this week, including Amazon.com, Meta Platforms, and Microsoft. Forecasts compiled by Bloomberg Intelligence suggest Q2 earnings may increase by +23%, close to Q1’s blowout earnings of +30%, which was more than double the +12% analysts had expected. AI spending is expected to account for most of earnings, with AI infrastructure stocks set to contribute nearly 60% of the S&P 500's earnings-per-share growth in Q2. So far, earnings results have been positive, with 86% of the 135 S&P 500 companies that have reported Q2 earnings beating estimates, according to Bloomberg data.
The markets are discounting a 32% chance of a +25 bp rate hike at the next FOMC meeting on Tue/Wed.
Overseas stock markets are lower today. The Euro Stoxx 50 is down -0.37%. China's Shanghai Composite closed down -1.16%. Japan's Nikkei-225 Stock Average fell to a 2-month low and closed down sharply by -3.95%.
Interest Rates
September 10-year T-notes (ZNU6) today are up +4 ticks. The 10-year T-note yield is down -2.2 bp to 4.626%. T-notes are climbing today as a -1% fall in crude oil prices eases inflation expectations. The 10-year breakeven inflation rate fell to a 1-month low of 2.192% today. Also, short covering ahead of the 2-day FOMC meeting that begins today is supporting T-note prices. Supply pressures are limiting gains in T-notes as the Treasury will auction $44 billion of 7-year T-notes later today.
European government bond yields are moving lower today. The 10-year German bund yield fell to a 2-week low of 3.106% and is down -0.4 bp to 3.129%. The 10-year UK gilt yield slid to a 1-week low of 4.945% and is down -2.7 bp to 4.970%.
The France Jul consumer confidence survey rose +2 to a 4-month high of 86, stronger than expectations of 85.
The markets are discounting an 88% chance of a +25 bp ECB rate hike at its next policy meeting on September 10.
US Stock Movers
Chipmakers and AI-infrastructure stocks are falling today, weighing on the broader market. The iShares Semiconductor ETF (SOXX) dropped to a 2.25-month low and is down more than -5%. Western Digital (WDC) is down more than -13% to lead losers in the Nasdaq 100, and Seagate Technology Holdings Plc (STX) is down more than -12%. Also, Micron Technology (MU) and Marvell Technology (MRVL) are down more than -9%, and Advanced Micro Devices (AMD), ARM Holdings Plc (ARM), and Lam Research (LRCX) are down more than -8%. In addition, Applied Materials (AMAT) and Intel (INTC) are down more than -7%, and KLA Corp (KLAC) is down more than -6%.
Cryptocurrency-exposed stocks are moving lower today, with Bitcoin (^BTCUSD) down more than -3% at a 1-week low. Galaxy Digital Holdings (GLXY) is down more than -9%, and MARA Holdings (MARA) and Riot Platforms (RIOT) are down more than -7%. Also, Circle Internet Group (CRCL) is down more than -6%, and Coinbase Global (COIN) and Strategy (MSTR) are down more than -4%.
Software stocks are mostly higher today, a supportive factor for the overall market. Autodesk (ADSK), Thomson Reuters (TRI), and Workday (WDAY) are up more than +4%, and Adobe (ADBE), Intuit (INTU), and Salesforce (CRM) closed up more than +3%. Also, Microsoft (MSFT), ServiceNow (NOW), Atlassian (TEAM), and Cadence Design Systems (CDNS) are up more than +1%.
Amkor Technology (AMKR) is down more than -21% after forecasting Q3 net sales of $1.95 billion to $2.05 billion, weaker than the consensus of $2.11 billion.
Corning (GLW) is down more than -18% to lead losers in the S&P 500 after forecasting Q3 core sales of $4.9 billion to $5.0 billion, the midpoint below the consensus of $5.0 billion.
Noble Corp. (NE) is down more than -5% after cutting its full-year adjusted Ebitda estimate to $850 million to $925 million from a previous forecast of $940 million to $1.02 billion, below the consensus of $970.3 million.
RXO Inc (RXO) is down more than -5% after TD Cowen downgraded the stock to sell from hold with a price target of $19.
IQVIA Holdings (IQV) is up more than +14% to lead gainers in the S&P 500 after boosting its full-year revenue forecast to $17.28 billion to $17.48 billion from a previous forecast of $17.15 billion to $17.35 billion, stronger than the consensus of $17.28 billion.
Sherwin-Williams (SHW) is up more than +6% to lead gainers in the Dow Jones Industrials after reporting adjusted EPS of $3.70, better than the consensus of $3.51, and raising its full-year adjusted EPS forecast to $11.80 to $12.20 from a previous forecast of $11.50 to $11.90, above the consensus of $11.76.
Coca-Cola (KO) is up more than +6% after raising its full-year comparable EPS forecast to up +9% to +10% from a previous view of +8% to +9%.
Nucor (NUE) is up more than +5% after reporting Q2 net sales of $10.40 billion, above the consensus of $10.03 billion.
Intuitive Surgical (ISRG) is up more than +4% after UBS upgraded the stock to buy from hold with a price target of $500.
Earnings Reports (7/28/2026)
American Tower Corp (AMT), Arch Capital Group Ltd (ACGL), Armstrong World Industries Inc (AWI), Avis Budget Group Inc (CAR), Axalta Coating Systems Ltd (AXTA), Axis Capital Holdings Ltd (AXS), Bloom Energy Corp (BE), Boeing Co/The (BA), BXP Inc (BXP), Caesars Entertainment Inc (CZR), Carrier Global Corp (CARR), Centene Corp (CNC), CenterPoint Energy Inc (CNP), Chemed Corp (CHE), CMS Energy Corp (CMS), Coca-Cola Co/The (KO), Corning Inc (GLW), CoStar Group Inc (CSGP), Crane Co (CR), DTE Energy Co (DTE), Ecolab Inc (ECL), Enphase Energy Inc (ENPH), ExlService Holdings Inc (EXLS), Expand Energy Corp (EXE), Extra Space Storage Inc (EXR), FirstEnergy Corp (FE), Ford Motor Co (F), HF Sinclair Corp (DINO), Hilton Worldwide Holdings Inc (HLT), Hubbell Inc (HUBB), Illinois Tool Works Inc (ITW), Incyte Corp (INCY), Invesco Ltd (IVZ), IQVIA Holdings Inc (IQV), KLA Corp (KLAC), Landstar System Inc (LSTR), Liberty Live Holdings Inc (LLYVA), Manhattan Associates Inc (MANH), Mondelez International Inc (MDLZ), NOV Inc (NOV), NXP Semiconductors NV (NXPI), Omnicom Group Inc (OMC), Oshkosh Corp (OSK), PACCAR Inc (PCAR), PayPal Holdings Inc (PYPL), Pentair PLC (PNR), PPG Industries Inc (PPG), Qorvo Inc (QRVO), Repligen Corp (RGEN), Rithm Capital Corp (RITM), Royal Caribbean Cruises Ltd (RCL), S&P Global Inc (SPGI), Seagate Technology Holdings PL (STX), Sherwin-Williams Co/The (SHW), Skyworks Solutions Inc (SWKS), STAG Industrial Inc (STAG), Teradyne Inc (TER), Textron Inc (TXT), TransUnion (TRU), United Parcel Service Inc (UPS), Unum Group (UNM), Veralto Corp (VLTO), Visa Inc (V), WP Carey Inc (WPC), Xylem Inc/NY (XYL).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Mixed as Weakness in Chipmakers Deepens

(RTTNews) - Nucor Corp. (NUE) will host a conference call at 10:00 AM ET on July 28, 2026, to discuss Q2 26 earnings results.
To access the live webcast, log on to https://investors.nucor.com/events-and-presentations/default.aspx
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Nucor Corp. Q2 26 Earnings Conference Call At 10:00 AM ET

Nucor Corporation NUE reported adjusted earnings of $4.84 per share for the second quarter of 2026. The figure beat the Zacks Consensus Estimate of $4.57. On a reported basis, earnings were $5.04 per share, up from $2.60 in the year-ago quarter.
The company recorded net sales of roughly $10.4 billion, up 23% year over year. The figure beat the Zacks Consensus Estimate of roughly $10.06 billion.
Nucor Corporation Price, Consensus and EPS Surprise
Operating Figures
Total sales tons to outside customers for steel mills in the second quarter were 5,659,000 tons, up 12% year over year and 1% sequentially. The figure surpassed our estimate of 5,621,000 tons.
Total sales tons to external customers increased 12% year over year to 7,605,000 tons. The external average sales price per ton rose 10% to $1,367. Overall operating rates at the company’s steel mills were 91%, up from 85% in the second quarter of 2025 and 86% in the first quarter of 2026.
Segment Highlights
In the reported quarter, the Steel Mills segment posted earnings of $1.56 billion, up 84.6% from $843 million in the year-ago quarter. The improvement reflected higher average selling prices and volumes, along with a $130 million reduction in cost of products sold related to refunds for prior-period raw material procurement costs.
The Steel Products segment earned $353 million, down 9.9% from $392 million a year earlier. However, earnings improved sequentially on increased volumes and stable average realized pricing.
The Raw Materials segment delivered earnings of $146 million, up 156.1% from $57 million in the prior-year quarter, primarily due to higher average selling prices and shipments.
Financial Position
Cash and cash equivalents were roughly $2.48 billion at the end of the quarter, up from $1.95 billion a year earlier. Including short-term investments, Nucor had around $2.69 billion in liquidity on hand. Long-term debt and finance lease obligations due after one year were roughly $6.39 billion at quarter-end, down from $6.91 billion at the end of 2025.
During the second quarter, Nucor repurchased approximately 1.53 million shares at an average price of $228.76 per share.
Outlook
The company expects higher consolidated reported earnings in the third quarter of 2026. Steel Mills segment earnings are projected to increase on higher realized pricing across all major product categories, with volumes expected to remain stable. Steel Products segment earnings are anticipated to improve on higher volumes and realized pricing. However, Raw Materials segment earnings are expected to decline due to lower margins.
NUE’s Price Performance
Shares of Nucor have gained 76.2% over the past year compared with a 71.1% rise in its industry.
Image Source: Zacks Investment Research
NUE’s Zacks Rank & Key Picks
NUE currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are The Chemours Company CC, Carpenter Technology Corporation CRS and Ternium S.A. TX.
Chemours is expected to report second-quarter results on Aug. 4. The Zacks Consensus Estimate for CC’s second-quarter earnings is pegged at 43 cents per share. It carries a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here
CRS is slated to report fiscal fourth-quarter results on July 30. The Zacks Consensus Estimate for earnings is pegged at $3.03 per share. CRS has a Zacks Rank #1 at present.
Ternium is scheduled to report second-quarter results on Aug. 4. The Zacks Consensus Estimate for TX’s second-quarter earnings is pegged at $1.29 per share. It currently carries a Zacks Rank #1.
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Nucor's Q2 Earnings and Revenues Surpass Estimates on Higher Prices

Nucor (NUE) reported $10.4 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 23%. EPS of $4.84 for the same period compares to $2.60 a year ago.
The reported revenue represents a surprise of +3.34% over the Zacks Consensus Estimate of $10.06 billion. With the consensus EPS estimate being $4.57, the EPS surprise was +5.91%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Nucor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Steel Products Segment - Sales Tons to External Customers: 1,285.00 KTon versus the four-analyst average estimate of 1,227.18 KTon.
Steel Products Segment - External Average Sales Price per Ton: 2,415.00 $/Ton versus the four-analyst average estimate of 2,416.53 $/Ton.
Average sales price per ton (Steel) - Total Steel: 1,145.00 $/Ton versus 1,183.36 $/Ton estimated by four analysts on average.
Sales Tons to outside customer (Steel) - Total Steel: 5,659.00 KTon versus the four-analyst average estimate of 5,613.26 KTon.
Sales Tons to outside customer (Steel) - Sheet: 2,680.00 KTon compared to the 2,775.01 KTon average estimate based on three analysts.
Sales Tons to outside customer (Steel) - Bars: 1,774.00 KTon compared to the 1,625.37 KTon average estimate based on three analysts.
Sales Tons to outside customer (Steel) - Beam: 527.00 KTon versus the three-analyst average estimate of 558.82 KTon.
Sales Tons to outside customer (Steel) - Plate: 678.00 KTon versus the three-analyst average estimate of 651.81 KTon.
Average sales price per ton (Steel) - Sheet: 1,088.00 $/Ton compared to the 1,092.53 $/Ton average estimate based on three analysts.
Average sales price per ton (Steel) - Bars: 1,049.00 $/Ton compared to the 1,025.22 $/Ton average estimate based on three analysts.
Average sales price per ton (Steel) - Beam: 1,608.00 $/Ton versus the three-analyst average estimate of 1,566.74 $/Ton.
Average sales price per ton (Steel) - Plate: 1,263.00 $/Ton versus 1,271.54 $/Ton estimated by three analysts on average.
Shares of Nucor have returned +3.2% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Nucor (NUE) Q2 Earnings: A Look at Key Metrics

Nucor (NUE) came out with quarterly earnings of $4.84 per share, beating the Zacks Consensus Estimate of $4.57 per share. This compares to earnings of $2.6 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.91%. A quarter ago, it was expected that this steel company would post earnings of $2.79 per share when it actually produced earnings of $3.23, delivering a surprise of +15.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Nucor, which belongs to the Zacks Steel - Producers industry, posted revenues of $10.4 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.34%. This compares to year-ago revenues of $8.46 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Nucor shares have added about 51.8% since the beginning of the year versus the S&P 500's gain of 8.3%.
What's Next for Nucor?
While Nucor has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Nucor was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $5.06 on $9.79 billion in revenues for the coming quarter and $17.53 on $38.69 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Steel - Producers is currently in the top 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, L.B. Foster (FSTR), has yet to report results for the quarter ended June 2026.
This railroad track manufacturer is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-over-year change of +51.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
L.B. Foster's revenues are expected to be $134.49 million, down 6.3% from the year-ago quarter.
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Before you invest in Nucor Corporation (NUE), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Nucor (NUE) Tops Q2 Earnings and Revenue Estimates

(RTTNews) - Nucor Corp. (NUE) reported a profit for its second quarter that Increases, from last year
The company's bottom line totaled $1.156 billion, or $5.04 per share. This compares with $603 million, or $2.60 per share, last year.
Excluding items, Nucor Corp. reported adjusted earnings of $1.110 billion or $4.84 per share for the period.
The company's revenue for the period rose 23.0% to $10.397 billion from $8.456 billion last year.
Nucor Corp. earnings at a glance (GAAP) :
-Earnings: $1.156 Bln. vs. $603 Mln. last year. -EPS: $5.04 vs. $2.60 last year. -Revenue: $10.397 Bln vs. $8.456 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Nucor Corp. Announces Rise In Q2 Income

The following companies are expected to report earnings after hours on 07/27/2026. Visit our Earnings Calendar for a full list of expected earnings releases.
Welltower Inc. (WELL)is reporting for the quarter ending June 30, 2026. The reit company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.55. This value represents a 21.09% increase compared to the same quarter last year. In the past year WELL has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.38%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for WELL is 39.88 vs. an industry ratio of 14.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Cadence Design Systems, Inc. (CDNS)is reporting for the quarter ending June 30, 2026. The computer software company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.62. This value represents a 32.79% increase compared to the same quarter last year. In the past year CDNS has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2026 Price to Earnings ratio for CDNS is 52.37 vs. an industry ratio of 19.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Nucor Corporation (NUE)is reporting for the quarter ending June 30, 2026. The steel company's consensus earnings per share forecast from the 4 analysts that follow the stock is $4.57. This value represents a 75.77% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for NUE is 14.12 vs. an industry ratio of 2.70, implying that they will have a higher earnings growth than their competitors in the same industry.
Celestica, Inc. (CLS)is reporting for the quarter ending June 30, 2026. The electrical company's consensus earnings per share forecast from the 3 analysts that follow the stock is $2.12. This value represents a 68.25% increase compared to the same quarter last year. CLS missed the consensus earnings per share in the 1st calendar quarter of 2026 by -1.52%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for CLS is 31.90 vs. an industry ratio of 31.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Cincinnati Financial Corporation (CINF)is reporting for the quarter ending June 30, 2026. The insurance (property & casualty) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.82. This value represents a 7.61% decrease compared to the same quarter last year. In the past year CINF has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 8.81%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for CINF is 20.87 vs. an industry ratio of 9.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Principal Financial Group Inc (PFG)is reporting for the quarter ending June 30, 2026. The insurance company's consensus earnings per share forecast from the 5 analysts that follow the stock is $2.33. This value represents a 7.87% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for PFG is 11.58 vs. an industry ratio of 12.10.
Brown & Brown, Inc. (BRO)is reporting for the quarter ending June 30, 2026. The insurance brokers company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.08. This value represents a 4.85% increase compared to the same quarter last year. In the past year BRO has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 2.21%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for BRO is 15.04 vs. an industry ratio of 7.90, implying that they will have a higher earnings growth than their competitors in the same industry.
F5, Inc. (FFIV)is reporting for the quarter ending June 30, 2026. The internet software company's consensus earnings per share forecast from the 6 analysts that follow the stock is $3.04. This value represents a 11.11% decrease compared to the same quarter last year. In the past year FFIV has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 6.27%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for FFIV is 30.69 vs. an industry ratio of 138.00.
Amkor Technology, Inc. (AMKR)is reporting for the quarter ending June 30, 2026. The electric company company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.47. This value represents a 113.64% increase compared to the same quarter last year. In the past year AMKR has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 43.48%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for AMKR is 31.23 vs. an industry ratio of 30.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Sun Communities, Inc. (SUI)is reporting for the quarter ending June 30, 2026. The reit company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.76. This value represents a no change for the same quarter last year. In the past year SUI has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 6.87%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for SUI is 17.66 vs. an industry ratio of 20.10.
UDR, Inc. (UDR)is reporting for the quarter ending June 30, 2026. The reit company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.63. This value represents a 1.56% decrease compared to the same quarter last year. In the past year UDR has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2026 Price to Earnings ratio for UDR is 15.65 vs. an industry ratio of 20.10.
TFI International Inc. (TFII)is reporting for the quarter ending June 30, 2026. The transportation services company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.59. This value represents a 18.66% increase compared to the same quarter last year. In the past year TFII has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 16.95%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for TFII is 27.06 vs. an industry ratio of 33.40.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After-Hours Earnings Report for July 27, 2026 : WELL, CDNS, NUE, CLS, CINF, PFG, BRO, FFIV, AMKR, SUI, UDR, TFII

Nucor Corporation NUE is slated to come up with second-quarter 2026 results after the closing bell on July 27. NUE is expected to have benefited from favorable steel prices and higher earnings across its segments in the second quarter.
The Zacks Consensus Estimate for second-quarter earnings has been stable in the past 60 days. The consensus estimate for earnings is pegged at $4.57 per share, suggesting a 75.8% year-over-year increase.
NUE surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missed twice. It has a trailing four-quarter earnings surprise of roughly 8.1%, on average.
Q2 Earnings Whispers for NUE Stock
Our proven model predicts an earnings beat for Nucor this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
NUE has an Earnings ESP of +0.27% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Shaping NUE’s Q2 Results
Higher segment earnings are likely to have aided NUE’s performance in the second quarter. Nucor is expected to have benefited from higher selling prices and strong demand from non-residential construction & infrastructure, military & defense and energy end markets.
Nucor, last month, said that it expects earnings to increase across all three operating segments compared to the previous quarter. The largest increase is expected to be witnessed in the steel mills segment due to higher average selling prices and stable volumes.
Approximately $130 million in cash refunds tied to prior raw materials procurement costs will also benefit the costs in the segment. The steel products segment is expected to benefit from higher volumes and slightly improved pricing, while the raw materials segment should see gains from stronger realized prices.
U.S. steel prices recovered in the fourth quarter of 2025, following the lows seen in the third quarter, and the momentum continued in the first half of 2026. Overall demand weakness and abundant steel mill output dragged benchmark hot-rolled coil (“HRC”) prices below $800 per short ton in late August, continuing through early September.
HRC prices have rebounded on major steel mills' price increases, extending lead times and tightening supply, partly due to plant outages and reduced imports driven by tariffs. The recovery has led to HRC prices surging to near $1,200 per short ton.
Higher selling prices are expected to have supported Nucor’s performance in the quarter to be reported. Our estimate for second-quarter average sales price per ton for the company’s steel mills unit stands at $1,308, indicating a 25.6% year-over-year increase.
Nucor is expected to have witnessed continued demand weakness in certain markets such as heavy equipment, rail cars, truck and trailer and agriculture. Residential construction, a key end market for Nucor, remains another area of weakness. The construction sector has experienced a slowdown in the United States due to high interest rates, dampening steel demand in this market. Elevated borrowing costs and inflation have taken a bite out of the residential construction industry. The softness in this market is expected to have continued in the June quarter.
NUE Stock’s Price Performance and Valuation
Nucor’s shares have gained 65.4% in the past year, topping the Zacks Steel Producers industry’s rise of 60.9% and the S&P 500’s increase of 20%. Among its major U.S. steel-making peers, Steel Dynamics, Inc. STLD has rallied 83.9% while Cleveland-Cliffs Inc. CLF has lost 4.2%.
NUE’s One-year Price Performance
From a valuation standpoint, Nucor is currently trading at a forward 12-month earnings multiple of 13.25, a roughly 14.2% premium to the peer group average of 11.6X. It is trading at a discount to Cleveland-Cliffs and at a modest premium to Steel Dynamics. NUE currently has a Value Score of B, while Steel Dynamics and Cleveland-Cliffs have a Value Score of C and F, respectively.
NUE’s P/E F12M Vs. Industry, STLD and CLF
Investment Thesis for NUE Stock
Nucor is well positioned for long-term growth through capacity expansion, strategic acquisitions and a disciplined capital allocation strategy. Its new mills and downstream investments should strengthen its low-cost position, while solid liquidity and consistent shareholder returns reinforce financial resilience. Higher U.S. steel prices also provide a supportive backdrop for margins.
However, the company continues to face headwinds from weak demand in residential construction and cyclical industrial markets, including heavy equipment and transportation. While these challenges may weigh on near-term performance, Nucor’s diversified end-market exposure, growth pipeline and strong balance sheet support its long-term investment appeal.
How Should Investors Play the NUE Stock?
Nucor benefits from its actions to expand its production capabilities and grow its business through strategic acquisitions. Its efforts to boost production capacity through several growth projects should drive profitability. Higher steel prices are also expected to support Nucor’s margins. Despite these positives, NUE remains exposed to demand weakness in certain areas such as residential construction, heavy equipment and agriculture, exerting some volume headwinds. Holding onto the NUE stock will be prudent for investors who already own it, awaiting more clarity on the company’s prospects following its forthcoming earnings release.
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Indicator	TTM Median
P/E	24.56 20.22
Price/Sales	1.67 1.55
P/B	2.50 1.88
P/FCF	97.63 21.79

Indicator	TTM Median
ROE	10.54 13.36
ROA	6.64 6.47
ROI	8.05 8.93
Net Worth	56.77 1.86
Quick Ratio	1.55 1.22
Current Ratio	2.90 2.06

Indicator	TTM Median
Net Profit Margin	6.79 8.61
Operating Margin	10.12 13.44
Gross Margin	13.98 29.25
Return on tangible equity	15.67 18.96

Indicator	TTM Median
EPS	4.84 0.41
EPS Forecast	4.57 0.41
Revenue	9.50B 210.00M
Gross Profit	1.50B —
EBITDA	1.51B —

Nucor Corporation

Recent quarterly and TTM performance

Valuation

Debts

Efficiency

Other ratios

Revenue