NEW YORK ( TheStreet) -- As more dour data from the manufacturing industries highlighted the uncertainty of this economic recovery, and investor sentiment continued to darken, the country's largest steelmaker, Nucor (NUE - Get Report), offered a mixed outlook Wednesday.In its traditional mid-quarter financial update, the Charlotte, N.C.-based company offered a profit forecast for its second period that appeared to fall below analysts' expectations. Nucor told investors that it would likely post per-share earnings between 75 cents and 80 cents. The consensus among 10 Wall Street analysts was earnings of 87 cents. (Nucor said the projected range includes an expected LIFO accounting charge of 6 cents a share. Stripping out the charge would boost Nucor's EPS.)
Nucor Outlook Highlights Unsure Steel Recovery
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