The company said its consolidated net earnings for the Q4 2023 were $785.4 million ($3.16 per diluted share), lower than Q4 2022 $1.26 billion ($4.89 per share). Consolidated net earnings for the full year were $4.52 billion ($18.00 per share), compared with $7.61 billion ($28.79 per share) in 2022.

1. 01

   The company said its consolidated net earnings for the Q4 2023 were $785.4 million ($3.16 per diluted share), lower than Q4 2022 $1.26 billion ($4.89 per share). Consolidated net earnings for the full year were $4.52 billion ($18.00 per share), compared with $7.61 billion ($28.79 per share) in 2022.

2. 02

   Nucor said its consolidated net sales for the Q4 2023 fell 12% from $7.70 billion in Q4 2022 $8.72 billion, and its average sales price per ton fell 15%. It said about 5,934,000 tons were shipped to outside customers in the Q4 2022, up 3% from the prior year.

3. 03

   Nucor said cash provided by operating activities was $7,111,931 thousand and capital expenditures were $2,214,157 thousand for the full year 2023. Cash provided by operating activities for the full year 2022 was $10,072,054 thousand.

4. 04

   The company said it returned about $2.1 billion to stockholders through share repurchases and dividends in the full year 2023, and that its Board of Directors declared a cash dividend of $0.54 per share on December 14, 2023. The dividend represents an increase of 6% over the prior cash dividend.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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