United States Steel Corporation Reports Third Quarter 2020 Results

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U.S. Steel (X) Tops Q3 EPS by 24c, Revenues Beat

October 29, 2020 4:18 PM EDT

U.S. Steel (NYSE: X) reported Q3 EPS of ($1.21), $0.24 better than the analyst estimate of ($1.45). Revenue for the quarter came in at $2.34 billion versus the consensus estimate of $2.22 billion.

Net loss of $234 million, or $1.06 per diluted shareAdjusted net loss of $268 million, or $1.21 per diluted shareAdjusted EBITDA of $(49) millionLiquidity of $2.864 billion, including cash of $1.696 billion

In the third quarter, the U. S. Steel team continued... More