Nucor Corp. reports earnings of $676.7 million, or $2.13 per diluted share, for the third quarter after taking a $110 million impairment charge to write down the value of natural gas assets it owns. The Charlotte-based steel maker does not report adjusted earnings. But discounting one-time items — the impairment charge of 26 cents per share as well as a gain of 6 cents per share from $24.8 million in insurance recoveries — Nucor’s per-share earnings would adjust to $2.33 in the quarter. That…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/18/nucor-posts-strong-quarter-despite-impairment.html?ana=RSS&s=article_search
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