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Benzinga
Benzinga
Business
Zacks

U.S. Steel (X) To Report Q2 Earnings: What's In The Cards?

United States Steel Corporation (NYSE:X) is scheduled to come up with its second-quarter 2022 results after the bell on Jul 28.

The company surpassed the Zacks Consensus Estimate in three of the trailing four quarters, while missed once. U.S. Steel has a trailing-four quarter negative earnings surprise of 0.3%, on average. It delivered an earnings surprise of roughly 1.7% in the last reported quarter. Healthy end-market demand and higher year-over-year selling prices are likely to have supported its second-quarter results.

Shares of U.S. Steel are down 15.9% over a year compared with the industry's decline of 24.8%.

 

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