United States Steel Q2 2024 Adj EPS $0.84 Beats $0.77 Estimate, Sales $4.12B Beat $4.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
United States Steel (NYSE:X) reported Q2 2024 adjusted EPS of $0.84, beating the $0.77 estimate. Sales were $4.12 billion, surpassing the $4.02 billion estimate but down 17.77% from last year's $5.01 billion.
August 01, 2024 | 8:22 pm
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United States Steel (NYSE:X) reported Q2 2024 adjusted EPS of $0.84, beating the $0.77 estimate. Sales were $4.12 billion, surpassing the $4.02 billion estimate but down 17.77% from last year's $5.01 billion.
The company's earnings and sales both beat analyst estimates, which is generally positive for the stock price. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100