United States Steel (X) Reports Q4 Loss, Tops Revenue Estimates

Group 1 - U.S. Steel reported a quarterly loss of $0.13 per share, better than the Zacks Consensus Estimate of a loss of $0.25, and compared to earnings of $0.67 per share a year ago, representing an earnings surprise of 48% [1] - The company posted revenues of $3.51 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.94%, but down from $4.14 billion year-over-year [2] - U.S. Steel has surpassed consensus EPS estimates three times over the last four quarters, and has also topped consensus revenue estimates three times during the same period [2] Group 2 - The stock has gained approximately 7.5% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $3.86 billion, and for the current fiscal year, it is $2.01 on revenues of $16.44 billion [7] Group 3 - The Zacks Industry Rank indicates that the Steel - Producers industry is currently in the bottom 30% of over 250 Zacks industries, which may negatively impact stock performance [8] - Another company in the same industry, Olympic Steel, is expected to report a quarterly earnings of $0.07 per share, reflecting a year-over-year decline of 80.6%, with revenues projected at $448.6 million, down 8.3% from the previous year [9][10]