Nucor (NUE) Revenue — Quarter Ended Mar 30, 2024
Revenue for the quarter declined compared to the same period last year. On a sequential basis, revenue rose from the preceding quarter.
Key takeaway
Quarter ended Mar 30, 2024 · FY2024 Q1
Revenue for the quarter declined compared to the same period last year. On a sequential basis, revenue rose from the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.1B
Revenue reported for this quarter.
Quarter-over-quarter
+5.6%
Change from the immediately preceding quarter.
Year-over-year
-6.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.1B
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 1, 2023 | $9.5B | -7.7% |
| Sep 30, 2023 | $8.8B | -7.8% |
| Dec 31, 2023 | $7.7B | -11.7% |
| Mar 30, 2024 | $8.1B | -6.6% |
Revenue performance
The reported revenue decreased versus the year-ago quarter, continuing a downward trend from prior periods.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. However, it was lower than the same quarter one year earlier.
What to watch
The sequential revenue recovery may be a point to watch given the ongoing year-over-year decline.