02.05.2024 22:29:37 - dpa-AFX: United States Steel Corp. Q1 Profit Drops, Inline With Estimates

WASHINGTON (dpa-AFX) - United States Steel Corp. (X) reported earnings for
first quarter that decreased from the same period last year in line with the
Street estimates.

The company's bottom line came in at $171 million, or $0.68 per share. This
compares with $199 million, or $0.78 per share, in last year's first quarter.

Excluding items, United States Steel Corp. reported adjusted earnings of $206
million or $0.82 per share for the period.

Analysts on average had expected the company to earn $0.82 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 6.9% to $4.16 billion from $4.47
billion last year.

United States Steel Corp. earnings at a glance (GAAP) :

-Earnings (Q1): $171 Mln. vs. $199 Mln. last year.
-EPS (Q1): $0.68 vs. $0.78 last year.
-Revenue (Q1): $4.16 Bln vs. $4.47 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
UNITED STATES STEEL DL 1 529498 Xetra 35,305 07.06.24 17:35:48 -0,300 -0,84% 0,000 0,000 35,305 35,305

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