U.S. Steel (X) Misses Q3 EPS by 100c

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United States Steel Corporation Reports 2015 Third Quarter Results

November 3, 2015 4:30 PM EST

PITTSBURGH, Nov. 3, 2015 /PRNewswire/ -- United States Steel Corporation (NYSE: X) reported a third quarter 2015 net loss of $173 million, or $1.18 per diluted share, which included a $53 million, or $0.36 per diluted share, loss on the previously announced shutdown of the blast furnace and associated steelmaking operations, along with most of the flat-rolled finishing operations at Fairfield Works, and does not include the slab and rounds casters and the #5 coating line (Fairfield Flat-Rolled Operations); a charge of $10 million, or $0.07 per diluted share, for a pension obligation related to U. S. Steel Canada Inc. (USSC); and a net loss of $7... More