U.S. Steel (X) Reports Q4 Loss Per Share of 23c, Offers Outlook

U.S. Steel (NYSE: X) reported Q4 EPS of ($0.23), may not compare to the analyst estimate of ($0.83). Revenue for the quarter came in at $2.57 billion versus the consensus estimate of $2.52 billion.

2016 Outlook

Commenting on U. S. Steel's outlook for 2016, Longhi said, "We are facing significant headwinds and uncertainty in many of the markets we serve but remain focused on continuing to improve our cost structure, developing differentiated solutions for our customers and creating more reliable and agile operating capabilities. We have a strong and growing pipeline of Carnegie Way projects that will provide benefits in our operating segments and all other areas of our company. The substantive changes and improvements we are making continue to increase our earnings power. We are working hard every day to serve our customers and are well positioned to respond to improving market conditions."

For earnings history and earnings-related data on U.S. Steel (X) click here.

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