U.S. Steel Projects Strong Q3 Despite Tubular and European Headwinds
XU. S. Steel(X) ZACKS·2024-09-21 04:06

United States Steel Corporation (X) issued its guidance for third-quarter 2024. The company expects adjusted net earnings per share to be in the range of 44-48 cents and adjusted EBITDA to be $300 million.X’s Performance Outlook for Q3For the third quarter, the Flat-Rolled segment's adjusted EBITDA is expected to be down sequentially due to lower selling prices. However, U.S. Steel’s diverse commercial portfolio and operational efficiency are expected to help offset some of this impact.The Mini Mill segment ...