Nucor today announced earnings for Q1 2008. EBITDA per ton was $144, up from an average of $130 per ton in 2007. See our EBITDA per ton calculations on the Nerds of Steel earnings spreadsheet. In its press release Nucor indicated that second quarter net income per share would be in the range of $1.55 to $1.60 up from $1.41 per share in Q1. This suggests that Q2 EBITDA will be over $150 per ton.
Nucor first quarter 2008 earnings' st_url='http://www.nerdsofsteel.com/2008/04/17/nucor-first-quarter-2008-earnings/' displayText='ShareThis'>
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There’s a transcript of the Q1 2008 Conference Call available on Seeking Alpha, here: http://seekingalpha.com/article/72794-nucor-corp-q1-2008-earnings-call-transcript?source=homepage_transcripts_sidebar&page=1