United States Steel Corporation Makes Significant Operational Adjustments to Advance “Best of Both” Strategy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
U.S. Steel (X) Misses Q4 EPS by 56c; Provides FY19 EPS Outlook & FY20 Targets
December 20, 2019 6:05 AM ESTU.S. Steel (NYSE: X) reported Q4 EPS of ($1.15), $0.56 worse than the analyst estimate of ($0.59).
Fourth quarter 2019 adjusted EBITDA is expected to be approximately ($25) million, which excludes approximately $225 million of estimated restructuring and other charges. While steel markets in North America are recovering, the Europe and Tubular segments remain weak. The Company expects fourth quarter 2019 adjusted diluted loss per share to be approximately ($1.15).
While the current realities of the markets we serve are having a significant impact on our short-term results, we are taking swift action to align our operational footprint and... More
