Nucor (NUE) Revenue — Quarter Ended Apr 1, 2023
Revenue for this reporting quarter declined compared to the same quarter one year earlier. It was essentially unchanged from the immediately preceding quarter.
Key takeaway
Quarter ended Apr 1, 2023 · FY2023 Q1
Revenue for this reporting quarter declined compared to the same quarter one year earlier. It was essentially unchanged from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.7B
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
-17.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$39.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 2, 2022 | $11.8B | +34.2% |
| Oct 1, 2022 | $10.5B | +1.8% |
| Dec 31, 2022 | $8.7B | -15.8% |
| Apr 1, 2023 | $8.7B | -17.0% |
Revenue performance
The company reported lower revenue relative to the same period last year, reflecting a year-over-year decline.
Quarterly comparison
When compared to the prior quarter, revenue remained relatively stable. In contrast, revenue was lower than the same quarter one year earlier.
What to watch
Revenue has trended downward over the trailing twelve months, falling from the higher levels seen earlier in that period.