Earnings Outlook For United States Steel

United States Steel X releases its next round of earnings this Thursday, July 30. Here's Benzinga's essential guide to United States Steel's Q2 earnings report.

Earnings and Revenue

United States Steel EPS is expected to be around $-2.82, according to sell-side analysts. Sales will likely be near $1.84 billion. In the same quarter last year, United States Steel reported EPS of $0.450 on revenue of $3.54 billion. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.88 -1.11 -0.28 0.39
EPS Actual -0.73 -0.64 -0.21 0.45
Revenue Estimate 2.78 B 2.78 B 3.05 B 3.44 B
Revenue Actual 2.75 B 2.82 B 3.07 B 3.54 B

Stock Performance

Shares of United States Steel were trading at $7.55 as of July 30. Over the last 52-week period, shares are down 47.73%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. United States Steel is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/m9zdzjop

X Logo
XUnited States Steel Corp
$43.601.63%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
80.30
Growth
38.40
Quality
-
Value
44.98
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Comments
Loading...