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PITTSBURGH (AP) _ United States Steel Corp. (X) on Tuesday reported fourth-quarter earnings of $275 million.
On a per-share basis, the Pittsburgh-based company said it had net income of $1.83. Earnings, adjusted for non-recurring gains, were $1.82 per share.
The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.
The steel maker posted revenue of $4.07 billion in the period, also exceeding Street forecasts. Analysts expected $3.96 billion, according to Zacks.
For the year, the company reported net income of $102 million, or 69 cents per share, swinging to a profit in the period. Revenue was reported as $17.51 billion.
U.S. Steel shares have fallen 20 percent since the beginning of the year, while the Standard & Poor's 500 index has declined slightly more than 1 percent. In the final minutes of trading on Tuesday, shares hit $21.27, a decline of 16 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on X at http://www.zacks.com/ap/X
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Keywords: United States Steel, Earnings Report
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United States Steel Corporation
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CODE : X |
ISIN : US9129091081 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
United States Steel est une société de production minière de fer et de étain basée aux Etats-Unis D'Amerique. United States Steel est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 6,4 milliards US$ (5,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 28 mars 2003 à 10,01 US$, et son plus haut niveau récent le 30 novembre 2007 à 98,85 US$. United States Steel possède 176 184 431 actions en circulation. |