Nucor reported US$1.32 billion in third-quarter earnings attributable to stockholders, with diluted earnings per share of US$5.80. The 26 October release also set a qualified outlook: fourth-quarter earnings are expected to be generally in line with or modestly higher than Q3.
Pricing and volumes helped the steel businesses
For the 13 weeks ended 3 October, net sales were US$11.25 billion. In the year-earlier quarter, earnings attributable to stockholders were US$607 million, or US$2.63 per diluted share. Earnings attributable to stockholders exclude the portion belonging to other owners of consolidated businesses; they are not the same as revenue.
Nucor attributed the sequential increase in steel-mill earnings to higher average selling prices and volumes, partly offset by higher production costs. Steel-products earnings also benefited from volumes and pricing, while raw-materials earnings fell. These are the issuer’s explanations of its own performance, not verification of an industry-wide benchmark price move.
Use consistent comparisons
Q2 GAAP diluted EPS was US$5.04, including a US$0.20-per-share benefit from the valuation of Nucor’s Helion investment. Adjusted Q2 EPS was US$4.84. Comparing Q3 reported EPS with one measure in Q2 and calling it the other would blur the accounting distinction.
For Q4, Nucor expects higher realised pricing to be offset by seasonal volume weakness and costs in parts of the business. The forecast does not guarantee rising profit. Readers should watch actual pricing, shipments and costs; no analyst-consensus beat or share-price response is claimed here.
| Measure | Disclosed figure | Basis or condition | Primary evidence |
|---|---|---|---|
| Reporting period | 13 weeks ended 3 October 2026 | Not a September calendar-quarter end | Nucor Q3 release |
| Earnings attributable to stockholders | US$1.32bn | US$607m in Q3 2025 | Nucor Q3 release |
| Q3 diluted EPS | US$5.80 | US$2.63 in Q3 2025 | Nucor Q3 release |
| Q3 net sales | US$11.25bn | Revenue, not profit | Nucor Q3 release |
| Q2 EPS comparison | US$5.04 GAAP; US$4.84 adjusted | GAAP included US$0.20 Helion valuation benefit | Nucor Q3 release |
| Q4 earnings outlook | Generally in line with or modestly above Q3 | Management forecast, not assured growth | Nucor Q3 release |
Primary source: Nucor Corporation results release dated 26 October 2026, observed at 2026-10-27T05:52:28Z (11:22 IST). Figures are US dollars.
Nucor’s separate Q3 investor presentation, furnished to the SEC as Exhibit 99.2 and dated 27 October, observed at 2026-10-27T06:00:17Z, corroborates US$11,249 million in sales, the reported/adjusted Q2 EPS comparison and the qualified Q4 outlook. The presentation was publicly furnished with the 26 October Form 8-K; its printed date is not the observation time.
AI-assisted reporting checked against the linked official source; not independent human editorial approval. Publisher-designated author: Tatai. Information only, not investment advice.
Related CapKet reporting: FANUC results and its revised annual outlook.
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