Thursday, July 19, 2007

Steelmaker Nucor second-quarter profit slips

(Reuters) - In June, Nucor warned that earnings would be well below
Wall Street expectations because of softness in the auto and
building sectors.




The company said at the time that it expected to earn $1.05
to $1.15 per share. Following the earnings warning, analysts'
average profit forecast fell to $1.15 a share from $1.39,
according to Reuters Estimates.



Read more at Reuters.com Market News

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