United States Steel Corporation Reports First Quarter 2020 Results
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U.S. Steel (X) Tops Q1 EPS by 15c, Revenues Miss
April 30, 2020 4:18 PM EDTU.S. Steel (NYSE: X) reported Q1 EPS of ($0.73), $0.15 better than the analyst estimate of ($0.88). Revenue for the quarter came in at $2.75 billion versus the consensus estimate of $2.78 billion.
Net loss of $391 million, or $2.30 per diluted shareAdjusted net loss of $123 million, or $0.73 per diluted shareAdjusted EBITDA of $64 millionLiquidity of $1.82 billion, including cash of $1.35 billionOur goal during these unprecedented circumstances is to protect lives and livelihoods, which means keeping our employees and communities safe and healthy and the business resilient, said U. S. Steel President and Chief... More
