United States Steel Corp. (X) Declares $0.05 Quarterly Dividend; 0.8% Yield

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Go back to United States Steel Corp. (X) Declares $0.05 Quarterly Dividend; 0.8% Yield

United States Steel Corp. (X) Tops Q1 EPS by 2c; Sees Reduced Net Income in Q2

April 29, 2014 4:13 PM EDT

United States Steel Corp. (NYSE: X) reported Q1 EPS of $0.34, $0.02 better than the analyst estimate of $0.32. Revenue for the quarter came in at $4.45 billion versus the consensus estimate of $4.51 billion.

Commenting on U. S. Steel's outlook for the second quarter, CEO Mario Longhi said, "We expect reduced income from operations in the second quarter. We expect our production to be limited which will temporarily slow shipments primarily due to continued weather-related logistical issues affecting... More