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U.S. Steel's (X) Earnings and Revenues Top Estimates in Q4
XU. S. Steel(X) Zacks Investment Research·2024-02-02 18:51

United States Steel Corporation (X) slipped to a loss of 80millionor36centspershareforfourthquarter2023,againstaprofitof80 million or 36 cents per share for fourth-quarter 2023, against a profit of 174 million or 68 cents per share in the year-ago quarter.Barring one-time items, adjusted earnings per share were 67 cents, down from 89 cents a year ago. The figure, however, topped the Zacks Consensus Estimate of 25 cents.Revenues fell around 4.5% year over year to 4,144millioninthereportedquarterbutbeattheZacksConsensusEstimateof4,144 million in the reported quarter but beat the Zacks Consensus Estimate of 3,702.1 million.The compa ...