United States Steel Corporation Provides Fourth Quarter 2024 Guidance
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United States Steel Corporation (NYSE: X) has provided guidance for the fourth quarter of 2024, expecting adjusted net earnings per diluted share to be between ($0.29) and ($0.25) and adjusted EBITDA to be approximately $150 million. The company has completed over $4 billion in growth capital investments, including the first coil at Big River 2.
December 19, 2024 | 9:30 pm
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United States Steel Corporation has issued a guidance for Q4 2024, projecting a loss in adjusted net earnings per share and an adjusted EBITDA of $150 million. The company has completed significant growth investments, including Big River 2.
The guidance indicates a projected loss in earnings per share, which is typically negative for stock prices. However, the completion of significant growth investments could offset some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100