U.S. Steel (X) Tops Q1 EPS by 25c, Revenues Beat

U.S. Steel (NYSE: X) reported Q1 EPS of $0.47, $0.25 better than the analyst estimate of $0.22. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.34 billion.

“Over the past few years, we have made strategic investments across our footprint, with a focus on our most critical flat-rolled steelmaking assets,” commented President and Chief Executive Officer David B. Burritt. “Our progress continued in the first quarter as we delivered strong financial results. Today's announcement of a state-of-the-art endless casting and rolling line at Mon Valley Works further strengthens our competitive position and will generate long-term value for our stockholders, customers, employees and community.”

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

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