U.S. Steel (X) Tops Q2 EPS by 15c, Revenues Beat

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Go back to U.S. Steel (X) Tops Q2 EPS by 15c, Revenues Beat

United States Steel Corporation Reports Second Quarter 2020 Results

July 30, 2020 4:15 PM EDT

Net loss of $589 million, or $3.36 per diluted share Adjusted net loss of $469 million, or $2.67 per diluted share Adjusted EBITDA loss of $264 million Liquidity of $2.652 billion, including cash of $2.300 billion

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported second quarter 2020 net loss of $589 million, or $3.36 per diluted share. Adjusted net loss was $469 million, or $2.67 per diluted share. This compares to second quarter 2019 net earnings of $68 million, or $0.39 per diluted share. Adjusted net earnings for second quarter 2019 were $78 million, or $0.45 per diluted... More