|Bid||0.00 x 1300|
|Ask||0.00 x 900|
|Day's Range||23.26 - 25.87|
|52 Week Range||6.58 - 29.97|
|Beta (5Y Monthly)||2.33|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 28, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||0.04 (0.15%)|
|Ex-Dividend Date||May 07, 2021|
|1y Target Est||29.19|
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.
PITTSBURGH, Jun 17, 2021--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.
Thursday is looking like a rough day for investors in metals companies -- and in the companies that transport their goods from place to place. As of 1:45 p.m. EDT, shares of United States Steel (NYSE: X) and Century Aluminum (NASDAQ: CENX) were down 7.3% and 8.4%, respectively. Star Bulk Carriers (NASDAQ: SBLK), a carrier of bulk goods such as iron ore for producing steel, bauxite for producing aluminum, and also finished metals products, was down by 6.9%, in line with USX's drop.