United States Steel Corporation Reports First Quarter 2017 Results
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Deutsche Bank Downgrades US Steel (X) to Hold; Lower EBITDA and Higher Cash Burn
April 27, 2017 5:58 AM EDTDeutsche Bank downgraded US Steel (NYSE: X) from Buy to Hold with a price target of $30 on lower EBITDA and higher cash burn.
Jorge Beristain noted the following material model revisions: 1) 1Q17 result miss, 2) Higher than previously understood implied 2017 guidance cut, and 3) Greater cash... More
BofA/Merrill Lynch Downgrades US Steel (X) to Neutral
April 26, 2017 1:57 PM EDTBofA/Merrill Lynch downgraded US Steel (NYSE: X) from Buy to Neutral.
For an analyst ratings summary and ratings history on US Steel click here. For more ratings news on US Steel click here.
Shares of US Steel closed at $31.11 yesterday.
... MoreU.S. Steel (X) Trades at Session Low, Down 25.5%
April 26, 2017 9:49 AM EDTU.S. Steel (NYSE: X) Trades at Session Low, Down 25.5%
... MoreU.S. Steel (X) Misses Q1 EPS by 1.15, Sales Miss
April 25, 2017 4:17 PM EDTU.S. Steel (NYSE: X) reported Q1 EPS of ($0.83), $1.15 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $2.75 billion versus the consensus estimate of $2.92 billion.
GUIDANCE:
U.S. Steel sees FY2017 EPS of $1.50 versus the... More
