U.S. Steel (X) Misses Q1 EPS by 19c, Lowers FY EBITDA Guidance

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United States Steel Corporation Reports 2015 First Quarter Results

April 28, 2015 4:21 PM EDT

PITTSBURGH, April 28, 2015 /PRNewswire/ -- United States Steel Corporation (NYSE: X) reported a first quarter 2015 net loss of $75 million, or $0.52 per diluted share, which included a net loss of $65 million, or $0.45 per diluted share, on the shutdown of coke production facilities.  This compared to first quarter 2014 net earnings of $52 million, or $0.34 per diluted share, and fourth quarter 2014 net earnings of $275 million, or $1.83 per diluted share. 

For a description of the non-generally accepted accounting principles (non-GAAP) measures and a reconciliation to net earnings (loss) attributable to U. S. Steel and earnings (loss) before interest and income taxes... More