US Steel Q4 Earnings Preview

United States Steel X releases its next round of earnings Wednesday. Here's Benzinga's essential guide to US Steel's Q4 earnings report.

Earnings and Revenue

Wall Street expects EPS of 67 cents per share and sales around $3.1 billion.

In the same quarter last year, US Steel posted sales of $2 billion. If the company were to match the current consensus estimate when it reports Wednesday, sales would be up 16.98 percent from the year-ago period.

Here's how the US Steel's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.71 0.34 0.32 0.03
EPS Actual 0.92 1.07 -0.83 0.27

 

Q4 EPS Estimate: 67 cents per share
Q4 Revenues Estimate: $3 billion

Stock Performance

Shares of US Steel were trading at $41.15 as of Jan. 31. Over the last 52-week period, shares are up 21.85 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating by analysts on US Steel stock is a Sell. The strength of this rating has dwindled over the past three months.

Conference Call

US Steel's Q4 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: http://www.ussteel.com/investors/reports-filings

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