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

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

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