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The company said it expects third-quarter adjusted Ebitda between $375 million and $425 million as results in its North American flat-rolled segment improve.
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 11, 2025, to stockholders of record at the close of business on Monday, May 12, 2025. About U. S. Steel Founded in 1901, U. S. Steel delivers profitable and sustainable steel solutions. Propelled by its talented employees and an unwavering focus on safety,.
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) reported first quarter 2025 net loss of $116 million, or $0.52 per diluted share. Adjusted net loss was $87 million, or $0.39 per diluted share. This compares to first quarter 2024 net earnings of $171 million, or $0.68 per diluted share. Adjusted net earnings for the first quarter 2024 was $206 million, or $0.82 per diluted share. Commenting on the Company's first quarter performance, U. S. Steel President and Chief Executi.
Hedge fund Third Point owns a "meaningful" stake in U.S. Steel and expects a planned takeover deal to move ahead, and also sees opportunities in the credit markets as investors adjust to policies imposed by the Trump administration.
While X is expected to have gained from cost and efficiency actions, weaker year-over-year prices are likely to have affected Q1 performance.
U.S. Steel (X) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The automotive demand recovery, strength in non-residential construction and a rebound in steel prices should enable the Zacks Steel Producers industry to thrive. NUE, STLD and X are set to gain from favorable industry fundamentals.
South Korea's Hyundai Motor Group said on Monday that it has signed a memorandum of understanding with Posco Holdings for cooperation on a U.S. steel plant.
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2025 on Thursday, May 1, 2025, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be acquired by Nippon Steel Corporation. In light of the pending transaction, the company will not hold an earnings conference call. Ins.
JP Morgan analyst Bill Peterson downgraded United States Steel Corporation X from Overweight to Neutral and cut the price forecast from $43 to $38.