Upgrade to SI Premium - Free Trial

U.S. Steel (X) Misses Q4 EPS by 17c

January 30, 2025 4:18 PM

U.S. Steel (NYSE: X) reported Q4 EPS of ($0.13), $0.17 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $3.51 billion versus the consensus estimate of $3.6 billion.

Q1 2025 Outlook:

We expect first quarter adjusted EBITDA in the range of $100 million and $150 million. Our North American Flat-Rolled segment results are expected to decrease, primarily driven by seasonal logistics constraints in the mining sector, which will unwind in the second quarter. We expect this to be partially offset by resiliency in our commercial strategy. We expect an improvement in Mini Mill segment results reflecting the increase in shipments from BR2, even after accounting for approximately $50 million of ramp-up costs. In Europe, we expect results to slightly improve but still face pressures from challenging pricing and demand conditions. Our Tubular segment results should be largely consistent with the fourth quarter.

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

Categories

Earnings Guidance

Next Articles