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StockNews.com
Business
Dipanjan Banchur

United States Steel Wows Investors With Projections, Should You Buy?

United States Steel Corporation (X) is an integrated steel producer engaged in producing and selling steel products, including flat-rolled and tubular products, in North America and Europe. It operates through four segments: North American Flat-Rolled, Mini Mill, U.S. Steel Europe, and Tubular Products.

After reporting stellar revenue and earnings in the first quarter ended March 31, 2022, X expects even better numbers in the second quarter. The company expects its best-ever second quarter with adjusted EBITDA at $1.60 billion, while its adjusted earnings are expected to come in the range of $3.83 to $3.88.

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