US EditionBankUnited, Inc. Reports First Quarter 2025 Results
- Nucor Corporation announced that its net earnings attributable to stockholders for the first quarter of 2025 amounted to $156 million, resulting in earnings of $0.67 for each diluted share.
- The results include a one-time charge of $29 million related to facility shutdowns, while adjusted net earnings increased to $179 million, translating to earnings of $0.77 for each diluted share.
- Steel mill shipments increased 14% from the prior quarter, with operating rates at 80% and consolidated net sales reaching $7.83 billion in Q1 2025.
- The company held $4.06 billion in cash and extended its revolving credit facility to $2.25 billion, maturing in 2030, while repurchasing 2.3 million shares at $133.17 each.
- Nucor expects higher earnings in Q2 2025 across all segments due to increased volumes and prices but notes forward-looking statements involve risks and uncertainties.
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