United States Steel Corp.

NYSE:X  
27.85
+1.90 (+7.32%)
4:33:37 PM EDT: $27.88 +0.03 (+0.11%)
Other Pre-Announcement

United States Steel Corp Provides Q4 2020 Guidance

Published: 12/17/2020 21:30 GMT
United States Steel Corp. (X) - Sees Q4 2020 Adjusted Loss per Share About $0.85.
Flat-rolled Customer Demand in U.S. and Europe Has Improved Throughout Q4.
Expects Q4 2020 Adjusted Diluted Loss per Share to Be Approximately $0.85.
Have Line of Sight to Significantly Improved Financial Performance in 2021.
December's Performance Has Been Particularly Strong Driven by Flow-through of Higher Steel Prices.
Flat-rolled Segment is Expected to Generate Positive EBITDA in Q4.
Sees Q4 2020 Adjusted EBITDA is Expected to Be Approximately $55 Million.
In Europe, Customer Demand Continues to Be Strong.
In Tubular, Customer Activity Remains Range Bound.
Q4 Earnings per Share View $-0.57 -- Refinitiv Ibes Data (analyst estimates).