U.S. Steel (X) Tops Q4 EPS by 47c
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United States Steel Corporation Reports Fourth Quarter and Full-Year 2019 Results
January 30, 2020 4:48 PM ESTFull-year 2019 net loss of $642 million, or $3.75 per diluted share; fourth quarter 2019 net loss of $680 million, or $4.00 per diluted share. Includes $609 million and $567 million of restructuring charges and tax valuation allowance for full year and fourth quarter 2019, respectively.Full-year 2019 adjusted net earnings of $15 million, or $0.09 per diluted share; fourth quarter 2019 adjusted net loss of $109 million, or $0.64 per diluted share.Full-year 2019 adjusted EBITDA of $711 million; fourth quarter 2019 adjusted EBITDA of $4 million.Transition to our world-competitive, "best of both" business model supported by significant actions taken in 2019: achieved $75 million... More
