United States Steel (X) Reports Q1 Loss, Tops Revenue Estimates

United States Steel (X) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this steel maker would post a loss of $0.25 per share when it actually produced a loss of $0.13, delivering a surprise of 48%.Over the last four quarters, the company has su ...