U.S. Steel (X) Tops Q3 EPS by 6c, Revenues Beat
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U.S. Steel (NYSE: X) reported Q3 EPS of $1.79, $0.06 better than the analyst estimate of $1.73. Revenue for the quarter came in at $3.73 billion versus the consensus estimate of $3.71 billion.
Commenting on U. S. Steel's guidance for 2018, Burritt said, "Market conditions remain solid, with stable end-user steel consumption. We experienced lower customer order rates for an extended period, driven by falling spot and index prices. However, we expect continued strength in steel demand will support favorable market conditions as we enter 2019."
For earnings history and earnings-related data on U.S. Steel (X) click here.
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