Nucor (NUE) closed at $97.18 in the latest trading session, marking a +1.01% move from the prior day. This change outpaced the S&P 500's 0.95% gain on the day.Heading into today, shares of the steel company had lost 21.94% over the past month, lagging the Basic Materials sector's loss of 4.11% and the S&P 500's loss of 1.87% in that time.Wall Street will be looking for positivity from NUE as it approaches its next earnings report date. On that day, NUE is projected to report earnings of $6.72 per share, which would represent year-over-year growth of 966.67%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $9.98 billion, up 102.48% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $20.31 per share and revenue of $35.35 billion, which would represent changes of +508.08% and +75.52%, respectively, from the prior year.Investors might also notice recent changes to analyst estimates for NUE. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 7.23% higher. NUE is holding a Zacks Rank of #1 (Strong Buy) right now.Valuation is also important, so investors should note that NUE has a Forward P/E ratio of 4.74 right now. This valuation marks a premium compared to its industry's average Forward P/E of 4.08.The Steel - Producers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 18, putting it in the top 8% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nucor Corporation (NUE): Free Stock Analysis Report To read this article on Zacks.com click here.