United States Steel Corporation Reports Second Quarter 2020 Results
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U.S. Steel (X) Tops Q2 EPS by 15c, Revenues Beat
July 30, 2020 4:18 PM EDTU.S. Steel (NYSE: X) reported Q2 EPS of ($2.67), $0.15 better than the analyst estimate of ($2.82). Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $1.84 billion.
Net loss of $589 million, or $3.36 per diluted shareAdjusted net loss of $469 million, or $2.67 per diluted shareAdjusted EBITDA loss of $264 millionLiquidity of $2.652 billion, including cash of $2.300 billionProtecting lives and livelihoods remains our top priority, said U. S. Steel President and Chief Executive Officer David B. Burritt. We... More
