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Stock impact report

U.S. Steel Projects Strong Q3 Despite Tubular and European Headwinds [Yahoo! Finance]

United States Steel Corporation (X) 
Last united states steel corporation earnings: 4/30 04:16 pm Check Earnings Report
US:NYSE Investor Relations: ussteel.com/investors
Company Research Source: Yahoo! Finance
The company expects adjusted net earnings per share to be in the range of 44-48 cents and adjusted EBITDA to be $300 million. X's Performance Outlook for Q3 For the third quarter, the Flat-Rolled segment's adjusted EBITDA is expected to be down sequentially due to lower selling prices. However, U.S. Steel's diverse commercial portfolio and operational efficiency are expected to help offset some of this impact. The Mini Mill segment is also expected to report lower adjusted EBITDA sequentially, reflecting declining selling prices, although lower metallic costs may provide some relief. The European segment's adjusted EBITDA is projected to improve due to favorable CO2 allowance adjustments despite ongoing market challenges. The Tubular segment is expected to see a drop in adjusted EBITDA due to lower selling prices. Despite a challenging pricing environment, U.S. Steel noted continued strength in domestic flat-rolled steel demand. The company's guidance reflects that while pri Show less Read more
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