|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||35.24 - 36.54|
|52 Week Range||27.86 - 39.62|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
U.S. Steel Corporation (X) and AK Steel (AKS) are expected to release their 1Q18 earnings on April 30. In this article, we’ll see what analysts are projecting for U.S. Steel’s 1Q18 revenues. Analysts polled by Thomson Reuters expect U.S. Steel to post revenues of $3.15 billion in 1Q18.
1Q18 earnings season is in full swing. Last week, both Nucor (NUE) and Steel Dynamics (STLD) released their quarterly financial performance. Steel Dynamics reported revenues of $2.6 billion in 1Q18 versus $2.3 billion in 4Q17 and $2.4 billion in 1Q17. The company reported adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of $400 million in 1Q18, compared to $285 million in 4Q17 and $421 million in 1Q17. Steel Dynamics’ 1Q18 earnings were better than expected.
Crude oil started this week on a weaker note but regained strength as the week progressed. After the mixed performance on Thursday, crude oil started Friday on a stable note and traded near three-year high price levels in the early hours.
The 1Q18 earnings season is in full swing now. Steel Dynamics is expected to release its 1Q18 earnings on April 18, which would be followed by Nucor’s (NUE) earnings release on the next day. AK Steel (AKS) and U.S. Steel Corporation (X) are scheduled to release their 1Q18 results on April 30. ArcelorMittal (MT) has scheduled its 1Q18 earnings release for May 11.
Analysts’ EBITDA (earnings before interest, tax, depreciation, and amortization) estimates reflect expectations of a company’s future profitability. Analysts usually derive these estimates from revenue projections, margin assumptions, or cost projections.
Crude oil started this week on a weaker note by declining on Monday and breaking the five-day gaining streak. Crude oil started April 17 on a mixed note and traded near opening prices in the early hours.
Alcoa’s (AA) 1Q18 earnings are expected on April 18. Bauxite, alumina, and aluminum are the three key commodities that Alcoa sells. Analysts polled by Thomson Reuters expect Alcoa to post revenues of $3.08 billion in 1Q18.
Alcoa (AA) is scheduled to release its 1Q18 earnings on April 18. Overall, 2018 is turning out to be a volatile year for Alcoa and other aluminum producers like Century Aluminum (CENX), Rio Tinto (RIO), and Norsk Hydro (NHYDY).
Of the ten analysts covering Cleveland-Cliffs (CLF) stock, 30% rate it as a “buy,” 60% rate it as a “hold,” and the remaining 10% rate it as a “sell.”
Cleveland-Cliffs (CLF) announced on April 6, 2018, that it expects to close its Australian operations by June 30, 2018. The main factors driving this decision were as follows: the increasingly discounted prices for lower-content iron ore the quality of the remaining iron ore reserves at its Asia-Pacific operations the lack of a legitimate offer from a qualified buyer
Crude oil regained strength last week and surged to three-year high price levels. However, crude oil opened lower on Monday and traded with weakness in the early hours.
After gaining for three consecutive trading days, crude oil traded with a mixed sentiment on April 12, 2018, and closed the day flat. On Friday, crude oil started the day on a stronger note and traded with strength at three-year high price levels.
We’re currently in the 1Q18 earnings season, and Steel Dynamics (STLD) is expected to release its 1Q18 earnings on April 18 after the market closes. Nucor (NUE) is slated to release its earnings on April 19.
Crude oil started this week on a stronger note and gained in the first three trading days. On Wednesday, crude oil rallied to three-year high price levels. Carrying forward the strength, crude oil opened higher on Thursday and traded with strength at elevated levels in the early hours.
Vale (VALE) believes that China’s fight against pollution has led to a huge variance between low-grade and high-grade material. It also expects the spreads between the 62% iron ore index and lower-grade ores to remain wide.
After declining for two consecutive trading weeks, crude oil started this week on a stronger note by rallying on Monday. Carrying forward the strength, crude oil opened higher on Tuesday and traded with strength at ten-day high price levels in the early hours.
Nucor (NUE) is scheduled to release its 1Q18 earnings on April 19, and U.S. Steel Corporation (X) and AK Steel (AKS) are expected to release their 1Q18 earnings on April 30. In this article, we’ll look at Nucor’s 1Q18 earnings guidance and see how analysts have rated the stock ahead of its 1Q18 earnings release.
After holding firm for the first two months of the year, iron ore prices have started to give way, falling more than 20% since the beginning of March 2018. Vale (VALE) and other iron ore miners (XME) also took a tumble in March 2018. After rising 12.3% in the first two months of the year, Vale fell 7.4% in March.
We’re now approaching the 1Q18 earnings season. Nucor (NUE), the largest US-based steel producer, is slated to release its 1Q18 earnings on April 19, and AK Steel (AKS) and U.S. Steel Corporation (X) are scheduled to release their results on April 30. ArcelorMittal (MT), the world’s biggest steel producer, has scheduled its 1Q18 earnings release for May 11.
Crude oil declined on Friday and recorded the second consecutive weekly loss last week. Crude oil opened higher on Monday and consolidated near opening prices in the early hours.
The VanEck Vectors Steel ETF (NYSEArca: SLX) rallied earlier this year after the White House unveiled tariffs aimed at helping U.S. steelmakers, but the steel ETF has since given back all those gains after ...
Gold prices have edged up only about 6% in the past year, but even that gain is impressive, writes BMO Capital Markets' Colin Hamilton, given weakness in key fundamental areas. Yes, there have been plenty of geopolitical tensions that could normally boost the metal, but at the same time, 2017 was a great year for stocks, and there has been a "collapse" in U.S. investment in the physical metal and global coin fabrication, writes Hamilton. Overall, Hamilton expects that in an inflationary environment, along with rising trade concerns, will lead to retail buyers increasing their allocation to gold as a hedge.