Company Announcements
March 19, 2026
Nucor sees higher earnings in Q1'26, biggest increase in steel mills segment
Written by Ethan Bernard
Nucor expects first-quarter 2026 earnings to be higher both sequentially and on-year, with its steel mills segment logging the largest increase.
The Charlotte, N.C.-based steelmaker on Thursday reported Q1’26 earnings guidance to be in the range of $2.70 to $2.80 per diluted share. That’s up from net earnings of $1.64 per diluted share in Q4’25 and $0.67 per diluted share in the first quarter of 2025.
Additionally, earnings are expected to rise sequentially across all three of its operating segments. The largest jump is anticipated in the steel mills segment. The company cited higher average selling prices and volumes across all product groups.
For its steel products segment, “We expect improved earnings due to increased volumes and stable average realized pricing,” the steelmaker said in a statement.
Meanwhile, Nucor said the raw materials segment is expected to have slightly higher earnings in Q1’26.
The company will release its first-quarter earnings report after the markets close on Monday, April 27. An earnings call will take place the next day.
