StocksMedium•6 October 2026•
1 min read
Nucor Q3 Earnings Guidance Misses Estimates Despite Annual Growth
Key Facts
1Nucor expects Q3 earnings per diluted share between $5.55 and $5.65, falling short of the $6.20 analyst consensus.
2KeyBanc maintains an 'Overweight' rating on the stock with price targets above the current trading price of $249.76.
Nucor Corporation issued Q3 2026 earnings guidance between $5.55 and $5.65 per diluted share, falling short of the $6.20 analyst consensus. According to a company statement, the projected range represents a significant increase over the $2.63 per share reported in the third quarter of 2025, though it trails behind broader market expectations.
KeyBanc maintained an "Overweight" rating on NUE stock with price targets above current levels, despite a slight reduction in its specific target. NUE closed at $251.41 on October 5, 2026, and was trading at $249.76 on October 6, 2026, as investors weighed the guidance miss against the company's year-over-year growth.