United States Steel Corporation

X

US9129091081

Iron & Steel

Market Closed - Nyse Other stock markets 21:00:02 17/05/2024 BST			5-day change	1st Jan Change
35.91 ^USD	-3.86%		-6.04%	-26.19%

05-15	Cleveland-Cliffs CEO says Nippon-US Steel deal has 'zero chance' of US approval	RE
05-09	Biden determined to keep US Steel in US hands, White House says	RE

United States Steel Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

May 02, 2024 at 09:17 pm

United States Steel Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 4,160 million compared to USD 4,470 million a year ago. Net income was USD 171 million compared to USD 199 million a year ago.

Basic earnings per share from continuing operations was USD 0.76 compared to USD 0.87 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.78 a year ago.

Latest news about United States Steel Corporation

Cleveland-Cliffs CEO says Nippon-US Steel deal has 'zero chance' of US approval	05-15	RE
Biden determined to keep US Steel in US hands, White House says	05-09	RE
Top Midday Stories: Brookfield Q1 Revenue Down; Activist Investor Gets 3 Nominees Elected to Norfolk Southern Board; Nippon Steel Raising $1.61 Billion Ahead of Planned US Steel Acquisition	05-09	MT
Nippon Steel Plans to Raise Up to $1.61 Billion in Anticipation of US Steel Acquisition	05-09	MT
Nippon Steel Plans to Raise up to $1.6 Billion in Anticipation of US Steel Acquisition	05-09	MT
Nippon Steel Plans to Raise up to $1.6 Billion in Anticipation of US Steel Acquisition	05-09	MT
Japan's Nippon Steel full-year profit down 21%, beats estimates	05-09	RE
Vietnam's China ties loom large in US hearing on market economy upgrade	05-09	RE
Japanese steelmaker JFE eyes overseas investments amid slower profit growth	05-07	RE
European Commission Approves Nippon Steel Acquisition of US Steel	05-06	MT
European Commission Approves Nippon Steel Acquisition of US Steel	05-06	MT
European Commission Approves Nippon Steel Acquisition of US Steel	05-06	MT
United States Steel's Transformation Likely to Boost Valuation, Morgan Stanley Says in Upgrade	05-06	MT
EU clears $14.9 bln purchase of U.S. Steel by Japan's Nippon	05-06	RE
EU clears Nippon Steel's $14.9 bln purchase of U.S. Steel	05-06	RE
European Commission approves Nippon Steel's $14.9 bln purchase of U.S. Steel	05-06	RE
EUROPEAN COMMISSION- APPROVED THE ACQUISITION OF SOLE CONTRO…	05-06	RE
EU Commission OKs Nippon Steel’s United States Steel Takeover	05-06	MT
Morgan Stanley Upgrades United States Steel to Overweight From Equalweight, Adjusts PT to $48 From $51	05-06	MT
Nippon Steel Delays Closing of US Steel Deal After US Department of Justice Request	05-03	MT
Nippon Steel Delays Closing of US Steel Deal After DOJ Request	05-03	MT
US Steel Q1 Adjusted Earnings Rise, Revenue Drops	05-02	MT
DoJ seeks more details from U.S. Steel, Nippon Steel on proposed merger	05-02	RE
U.S. Steel 1Q Revenue Drops on Lower Prices, Weaker Shipments	05-02	DJ
Earnings Flash (X) UNITED STATES STEEL CORPORATION Posts Q1 Revenue $4.16B, vs. Street Est of $4.205B	05-02	MT

Chart United States Steel Corporation

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Company Profile

United States Steel Corporation is a steel producer. The Company operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE) and Tubular Products (Tubular). The Flat-Rolled segment is involved in the production of slabs, strip mill plates, sheets and tin mill products, as well as all iron ore, direct reduced grade pellets, pig iron, and coke production facilities in the United States. The Mini Mill segment produces hot-rolled, cold-rolled, coated sheets and electrical steels. The USSE segment produces and sells slabs, strip mill plate, sheet, tin mill products and spiral welded pipe. The Tubular segment produces and sells rounds, seamless and electric resistance welded (ERW) steel casing and tubing (OCTG), and standard and line pipe and mechanical tubing. It serves the automotive, construction, appliance, energy, container, and packaging industries with high value-added steel products such as its XG3 advanced high-strength steel.

Sector

Iron & Steel

Calendar

24/07/2024 - Q2 2024 Earnings Release (Projected)

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Analysis / Opinion

Lael Brainard: Inflation, the Red Sea crisis and American steel

December 22, 2023 at 06:07 pm

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Ratings for United States Steel Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

35.91 USD

Average target price

45.45 USD

Spread / Average Target

+26.57%

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Quarterly earnings - Rate of surprise

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