|Bid||22.50 x 4000|
|Ask||22.60 x 1000|
|Day's Range||22.50 - 24.32|
|52 Week Range||6.58 - 29.97|
|Beta (5Y Monthly)||2.26|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 28, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||0.04 (0.17%)|
|Ex-Dividend Date||May 07, 2021|
|1y Target Est||29.19|
United States Steel Corporation (X) announced upbeat guidance for the second quarter of FY21. However, shares of the giant steel producer plunged 7.7% to close at $23.82 on June 17, following China’s announcement that it would release metals like copper, aluminum, and zinc from its national reserves to curtail commodity prices. Q2 FY21 Guidance U.S. Steel said it expects Q2 adjusted EBITDA to be $1.2 billion and adjusted net income (excluding restructuring and asset impairment charges) to be $88
U.S. Steel (X) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
U.S. Steel Corp. said late Thursday it expects to report an adjusted net income of about $880 million, or $3.08 a share, boosted by higher steel prices and "strong" demand for flat-rolled steel. Moreover, ongoing "strong demand and low steel inventories are empowering today's ongoing market improvements. These market fundamentals are showing no signs of slowing down and have us increasingly confident of another strong year in 2022," the company said. U.S. Steel had guided for adjusted EPS of $2.