We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
U.S. Steel (X) Reports Q4 Earnings: What Key Metrics Have to Say
Read MoreHide Full Article
United States Steel (X - Free Report) reported $3.51 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 15.3%. EPS of -$0.13 for the same period compares to $0.67 a year ago.
The reported revenue represents a surprise of +0.94% over the Zacks Consensus Estimate of $3.48 billion. With the consensus EPS estimate being -$0.25, the EPS surprise was +48.00%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how U.S. Steel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Steel Price per Ton - Flat-rolled: $956 versus $943.72 estimated by eight analysts on average.
Steel Shipments in Tons - Total: 3,296 Mmt compared to the 3,508.33 Mmt average estimate based on eight analysts.
Average Steel Price per Ton - Tubular: $1,539 compared to the $1,803.01 average estimate based on eight analysts.
Average Steel Price per Ton - Mini Mill: $789 versus $811.64 estimated by eight analysts on average.
Average Steel Price per Ton - USSE: $751 compared to the $784.78 average estimate based on eight analysts.
Steel Shipments in Tons - Flat Rolled: 1,846 Mmt versus the eight-analyst average estimate of 1,903.69 Mmt.
Net Sales- Mini Mill: $531 million compared to the $593.48 million average estimate based on eight analysts. The reported number represents a change of -11.2% year over year.
Net Sales- Flat-rolled: $2.26 billion versus the eight-analyst average estimate of $2.20 billion. The reported number represents a year-over-year change of -11.9%.
Net Sales- USSE: $581 million versus $699.04 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -29.4% change.
Net Sales- Tubular: $241 million versus the eight-analyst average estimate of $225.74 million. The reported number represents a year-over-year change of -27.8%.
Net Sales- Other Businesses: $1 million versus $4.40 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -50% change.
Net Sales- Reconciling Items and Eliminations: -$106 million versus the two-analyst average estimate of -$230.60 million. The reported number represents a year-over-year change of -40.8%.
Shares of U.S. Steel have returned +7.5% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
U.S. Steel (X) Reports Q4 Earnings: What Key Metrics Have to Say
United States Steel (X - Free Report) reported $3.51 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 15.3%. EPS of -$0.13 for the same period compares to $0.67 a year ago.
The reported revenue represents a surprise of +0.94% over the Zacks Consensus Estimate of $3.48 billion. With the consensus EPS estimate being -$0.25, the EPS surprise was +48.00%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how U.S. Steel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Average Steel Price per Ton - Flat-rolled: $956 versus $943.72 estimated by eight analysts on average.
- Steel Shipments in Tons - Total: 3,296 Mmt compared to the 3,508.33 Mmt average estimate based on eight analysts.
- Average Steel Price per Ton - Tubular: $1,539 compared to the $1,803.01 average estimate based on eight analysts.
- Average Steel Price per Ton - Mini Mill: $789 versus $811.64 estimated by eight analysts on average.
- Average Steel Price per Ton - USSE: $751 compared to the $784.78 average estimate based on eight analysts.
- Steel Shipments in Tons - Flat Rolled: 1,846 Mmt versus the eight-analyst average estimate of 1,903.69 Mmt.
- Net Sales- Mini Mill: $531 million compared to the $593.48 million average estimate based on eight analysts. The reported number represents a change of -11.2% year over year.
- Net Sales- Flat-rolled: $2.26 billion versus the eight-analyst average estimate of $2.20 billion. The reported number represents a year-over-year change of -11.9%.
- Net Sales- USSE: $581 million versus $699.04 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -29.4% change.
- Net Sales- Tubular: $241 million versus the eight-analyst average estimate of $225.74 million. The reported number represents a year-over-year change of -27.8%.
- Net Sales- Other Businesses: $1 million versus $4.40 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -50% change.
- Net Sales- Reconciling Items and Eliminations: -$106 million versus the two-analyst average estimate of -$230.60 million. The reported number represents a year-over-year change of -40.8%.
View all Key Company Metrics for U.S. Steel here>>>Shares of U.S. Steel have returned +7.5% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.