Nucor Corp. predicts strong third-quarter results, but warns it may have to take an impairment charge in the quarter on its natural gas well assets due to low commodity prices. But it says it cannot as yet calculate the amount of the charge, and so it has not included a figure in the third-quarter guidance it released Monday. Nucor (NYSE: NUE) will report its third-quarter earnings on Oct. 18. Nucor projects earnings, not accounting for any impairment, at $2.35 to $2.40 per diluted share. That…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/02/nucor-guidance-sees-strong-q3-with-a-caveat.html?ana=RSS&s=article_search
No comments:
Post a Comment