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.
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