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NUCORP ANNOUNCES THIRD-QUARTER AND NINE-MONTH EARNINGS

       NUCORP ANNOUNCES THIRD-QUARTER AND NINE-MONTH EARNINGS
    CHICAGO, Nov. 13 /PRNewswire/ -- Nucorp, Inc. (NASDAQ: NUCO) today reported the unaudited results of its operations for the nine- and three-month periods ended Sept. 30, 1991, compared to the nine- and three-month periods ended Sept. 30, 1990, as follows:
                               NUCORP, INC.
     Periods ended            Nine Months              Three Months
     Sept. 30              1991         1990         1991         1990
    Total revenues   $25,592,000  $28,110,000   $8,314,000  $10,690,000
    Total oper. costs
     & expenses      (17,739,000) (21,968,000)  (5,101,000)  (8,716,000)
    Income bef. taxes  7,853,000    6,142,000    3,213,000    1,974,000
    Income taxes      (2,670,000)  (2,332,000)  (1,093,000)    (750,000)
    Net income         5,183,000    3,810,000    2,120,000    1,224,000
    Net income
     per share              $.57         $.45         $.23         $.15
    Wtd. avg. com. & com.
     equivalent shares
     outstanding      10,257,185   10,424,895   10,231,494   10,419,081
    -0-         11/13/91
    /CONTACT:  Susan Obuchowski, 312-466-4010, for Nucorp/
    (NUCO) CO:  Nucorp, Inc. ST:  Illinois IN: SU:  ERN CK -- NY057 -- 3982 11/13/91 13:19 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 13, 1991
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