United States Steel Corporation (X) logged a profit of $119 million or 48 cents for third-quarter 2024, down around 60% from $299 million or $1.20 per share in the year-ago quarter. Barring one-time items, adjusted earnings per share were 56 cents, down from $1.40 a year ago. The figure, however, topped the Zacks Consensus Estimate of 45 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues fell around 13% year over year to $3,853 million in the reported quarter but beat the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-16811 United States Steel Corporation (Exact name of registrant as specified in its charter) Delaware 25-1897152 (State or oth ...

For the quarter ended September 2024, United States Steel (X) reported revenue of $3.85 billion, down 13% over the same period last year. EPS came in at $0.56, compared to $1.40 in the year-ago quarter.The reported revenue represents a surprise of +3.13% over the Zacks Consensus Estimate of $3.74 billion. With the consensus EPS estimate being $0.45, the EPS surprise was +24.44%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

United States Steel (X) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $1.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.44%. A quarter ago, it was expected that this steel maker would post earnings of $0.76 per share when it actually produced earnings of $0.84, delivering a surprise of 10.53%.Over the last four quarters, the com ...

NEWS RELEASE Emily Chieng Investor Relations Officer T - (412) 618-9554 E - ecchieng@uss.com CONTACTS: Corporate Communications T - (412) 433-1300 E - media@uss.com FOR IMMEDIATE RELEASE: • Third quarter 2024 net earnings of $119 million, or $0.48 per diluted share. • Third quarter 2024 adjusted net earnings of $140 million, or $0.56 per diluted share. • Third quarter 2024 adjusted EBITDA of $319 million. PITTSBURGH, October 31, 2024 – United States Steel Corporation (NYSE: X) reported third quarter 2024 ne ...

The market expects United States Steel (X) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be re ...

United States Steel Corporation (X) has become the first steel company in the world to qualify to sell its products as ResponsibleSteel Certified Steel at its Big River facility in Osceola, AR. Big River achieved the first ResponsibleSteel Site Certification in North America in 2022 for steel that is sustainably sourced and made.ResponsibleSteel is the industry's premier worldwide multi-stakeholder standards body, offering site-level certification and, for the first time, steel certification. By reaching th ...

United States Steel Corporation (X) issued its guidance for third-quarter 2024. The company expects adjusted net earnings per share to be in the range of 44-48 cents and adjusted EBITDA to be $300 million.X’s Performance Outlook for Q3For the third quarter, the Flat-Rolled segment's adjusted EBITDA is expected to be down sequentially due to lower selling prices. However, U.S. Steel’s diverse commercial portfolio and operational efficiency are expected to help offset some of this impact.The Mini Mill segment ...

Key TakeawaysNippon Steel reportedly has been given permission by U.S. security officials to refile its plans to purchase U.S. Steel.Bloomberg said that effectively would push the review period for the $14.9 billion deal past the November elections.Politicians including President Joe Biden, Vice President Kamala Harris, and former president Donald Trump have questioned the purchase, arguing that U.S. Steel should remain American-owned. Shares of U.S. Steel (X) advanced Wednesday amid a report that Nippon St ...

United States Steel Corp (NYSE:X) is back in the news today, after a Reuters report indicated the U.S.' Committee on Foreign Investment (CIFUS) granted a request from both companies to push back the review of the Nippon merger 90 days. The decision will now come after the Presidential election, giving CIFUS time to weigh the national security implications. U.S. Steel stock is up 3.5% to trade at $37.49, on track for its fifth win in the last six trading days. X has essentially filled the 17.5% bear gap suff ...