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Nucor Corporation $NUE Q2 report:
EPS: $4.84 Est : $4.46
Revenue: $10.40 billion Est: $10.15 billion
The company's non-cash benefit of $0.20 per share stemmed from the appreciation in value of its investment in the fusion energy initiative Helion. Although there was a general slowdown in demand in the construction sector due to high interest rates, the renewed upward trend in hot-rolled coil steel prices per ton supported segment profitability.