U.S. Steel (X) Tops Q2 EPS by 73c, Offers Outlook
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United States Steel Corporation Reports Second Quarter 2017 Results
July 25, 2017 4:15 PM EDTPITTSBURGH, July 25, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) reported second quarter 2017 net earnings of $261 million, or $1.48 per diluted share, which included a gain of $72 million, or $0.41 per diluted share which represents the recovery in excess of our retained interest resulting from the sale of U. S. Steel Canada Inc. This compared to a second quarter 2016 net loss of $46 million, or $0.32 per diluted share, and a first quarter 2017 net loss of $180 million, or $1.03 per diluted share.
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