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Benzinga
Benzinga
Business
Henry Khederian

Why United States Steel Shares Are Rising

United States Steel United States United States Steel Corporation US Steel

United States Steel Corporation (NYSE:X) shares are trading higher by 5.06% to $20.57 after the company issued second-quarter adjusted EPS guidance above estimates.

U.S. Steel says second-quarter 2022 adjusted EBITDA is expected to be approximately $1.6 billion, a new all-time best second-quarter performance. Second-quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $3.83 to $3.88.

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