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United States Steel X reported its Q2 earnings results on Thursday, July 28, 2022 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
United States Steel missed estimated earnings by 0.26%, reporting an EPS of $3.86 versus an estimate of $3.87.
Revenue was up $1.26 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 5.4% drop in the share price the next day.
Here’s a look at United States Steel’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.95 | 4.71 | 4.85 | 3.05 |
| EPS Actual | 3.05 | 3.64 | 5.36 | 3.37 |
| Revenue Estimate | 5.27B | 5.51B | 5.79B | 4.64B |
| Revenue Actual | 5.23B | 5.62B | 5.96B | 5.03B |
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.95 | 4.71 | 4.85 | 3.05 |
| EPS Actual | 3.05 | 3.64 | 5.36 | 3.37 |
| Revenue Estimate | 5.27B | 5.51B | 5.79B | 4.64B |
| Revenue Actual | 5.23B | 5.62B | 5.96B | 5.03B |
To track all earnings releases for United States Steel visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.