For the quarter ending 2 October 2021, Nucor said it expects earnings to be in the range of US$7.30 to US$7.40 per diluted share. This surpasses the previous record set in the second quarter of 2021 of US$5.04 per diluted share. The company’s forecasts indicate that its fourth-quarter results will likely to continue along this trend.
 
In a press release, Nucor cited strong demand across most end-use markets along with higher average selling prices.
 
Read Nucor’s full statement here.