United States Steel Corp Expects Q1 Adj EPS of $0.80-$0.84 Vs $0.89 Est
Portfolio Pulse from Benzinga Newsdesk
United States Steel Corporation (NYSE:X) forecasts Q1 2024 adjusted EPS of $0.80-$0.84, below the estimated $0.89. The company also expects Q1 2024 adjusted EBITDA to be around $425 million.
March 18, 2024 | 12:17 pm
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United States Steel Corporation expects Q1 2024 adjusted EPS of $0.80-$0.84, below the $0.89 estimate, with adjusted EBITDA around $425 million.
The projected adjusted EPS for Q1 2024 being below the estimated $0.89 suggests a potential negative impact on investor sentiment and stock price in the short term. The guidance indicates a performance that might not meet market expectations, which can lead to a decrease in stock value.
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IMPORTANCE 90
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