United States Steel (NYSE:X) reported its Q4 earnings results on Thursday, February 1, 2024 at 04:17 PM.
Here’s what investors need to know about the announcement.
Earnings
United States Steel beat estimated earnings by 157.69%, reporting an EPS of $0.67 versus an estimate of $0.26.
Revenue was down $194.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25 which was followed by a 3.13% increase in the share price the next day.
Here’s a look at United States Steel’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.15 | 1.80 | 0.64 | 0.63 |
| EPS Actual | 1.40 | 1.92 | 0.77 | 0.87 |
| Revenue Estimate | 4.39B | 5.11B | 4.25B | 3.94B |
| Revenue Actual | 4.43B | 5.01B | 4.47B | 4.34B |
To track all earnings releases for United States Steel visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.