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Article: Nucor Reports Results for First Nine Months and Third Quarter of 2001.
- Article from:
- PR Newswire
- Article date:
- October 18, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHARLOTTE, N.C., Oct. 18 /PRNewswire/ --
Nucor Corporation (NYSE: NUE) today issued the following earnings report:
Consolidated sales for the first nine months of 2001 decreased 12% to $3,160,000,000, compared with $3,577,000,000 in the first nine months of 2000, primarily due to an 18% decrease in composite sales price per ton. Nucor's consolidated net earnings for the current year's first nine months were $86,000,000 ($1.11 per share), compared with $231,000,000 ($2.78 per share) in the first nine months of 2000.
In the third quarter of 2001, Nucor's consolidated sales decreased 9% to $1,053,000,000, compared with $1,163,000,000 in last ...