U.S. Steel (X) Q2 EPS Guidance Tops Consensus

Go back to U.S. Steel (X) Q2 EPS Guidance Tops Consensus

United States Steel Corporation Provides Second Quarter 2021 Guidance

June 17, 2021 4:16 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided second quarter 2021 guidance. Second quarter 2021 adjusted EBITDA is expected to be approximately $1.2 billion. Second quarter 2021 adjusted net income is expected to be approximately $880 million and excludes impacts primarily related to certain restructuring and asset impairment charges. The Company expects second quarter 2021 adjusted diluted earnings per share to be approximately $3.08.

Higher steel prices and strong flat-rolled steel demand coupled with well-run operations are expected to deliver adjusted EBITDA that more than doubles our first quarter performance, commented U. S. Steel President and Chief Executive... More