U.S. Steel (X) Reports Q4 Loss Per Share of 61c
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United States Steel Corporation Reports Improved 2016 Results With Increased Operating Cash Flow And Stronger Cash And Liquidity
January 31, 2017 4:17 PM ESTPITTSBURGH, Jan. 31, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) reported a full-year 2016 net loss of $440 million, or $2.81 per diluted share, which included unfavorable adjustments totaling $190 million, or $1.21 per diluted share. This compared to a full-year 2015 net loss of $1.6 billion, or $11.24 per diluted share, which included unfavorable adjustments totaling $1.4 billion, or $9.45 per diluted share.
Fourth quarter 2016 net loss of $105 million, or $0.61 per diluted share, included unfavorable adjustments totaling $152 million, or $0.88 per diluted share. This compares to fourth quarter 2015 net loss of $1.1 billion, or $7.74 per diluted share, which included unfavorable adjustments totaling $1.1 billion, or $7.51 per diluted... More
