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Compared to Estimates, U.S. Steel (X) Q2 Earnings: A Look at Key Metrics
XU. S. Steel(X) ZACKS·2024-08-02 16:30

United States Steel (X) reported 4.12billioninrevenueforthequarterendedJune2024,representingayearoveryeardeclineof17.84.12 billion in revenue for the quarter ended June 2024, representing a yearover-year decline of 17.8%. EPS of 0.84 for the same period compares to 1.92ayearago.Thereportedrevenuerepresentsasurpriseof+3.001.92 a year ago. The reported revenue represents a surprise of +3.00% over the Zacks Consensus Estimate of 4 billion. With the consensus EPS estimate being $0.76, the EPS surprise was +10.53%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...