U.S. Steel (X) guides Q4 EPS below consensus

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Go back to U.S. Steel (X) guides Q4 EPS below consensus

United States Steel Corporation Provides Fourth Quarter 2024 Guidance

December 19, 2024 4:17 PM EST

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided fourth quarter 2024 adjusted net earnings per diluted share guidance of ($0.29) to ($0.25). Fourth quarter 2024 adjusted EBITDA is expected to be approximately $150 million.

The fourth quarter marked a critical milestone towards our Best for All® future, as the team completed execution on over $4 billion of growth capital investments with first coil achieved at Big River 2 (BR2) on October 31, 2024 and shipments to customers beginning in December. Aligned with our commercial strategy, we look forward to further strengthening our resilient earnings with increasing free cash... More