United States Steel (X) Expects Record Q3 EBITDA

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U.S. Steel (X) Sees Q3 Adj-EBITDA of $2B

September 16, 2021 4:36 PM EDT

United States Steel Corporation (NYSE: X) today provided third quarter 2021 guidance. Third quarter 2021 adjusted EBITDA is expected to be approximately $2.0 billion. This compares to second quarter 2021 adjusted EBITDA of approximately $1.3 billion.

We expect the third quarter to be a quarter of records for U. S. Steel. Supported by strong reliability and quality performance, sustained customer demand, and continued increases in steel selling prices, we expect our Best for All business model to generate record quarterly adjusted EBITDA and EBITDA margins, demonstrating the power of our strategy, commented U. S. Steel President and Chief... More

US Steel (X) PT Raised to $50 at Deutsche Bank

September 15, 2021 6:49 AM EDT

Deutsche Bank analyst Chris Terry raised the price target on US Steel (NYSE: X) to $50.00 (from $38.00) while maintaining a Buy rating.... More