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United States Steel Swings To Profit In Q1

United States Steel Swings To Profit In Q1 WASHINGTON (dpa-AFX) - United States Steel Corp.(X) Thursday reported first-quarter net earnings of $91 million or $0.35 per share, compared to a loss of $391 million or $2.30 per share last year. Adjusted net earnings was $283 million or $1.08 per share for the quarter, compared to adjusted net loss of $123 million or $0.73 per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.91 per share for the quarter. Analysts estimates typically exclude special items. Net sales for the quarter rose to $3.66 billion from $2.75 billion in the previous year. Analysts expected revenue of $3.68 billion for the quarter.

United States Steel Corporation (NYSE:X) - Recap: United States Steel Q1 Earnings

Company Description United States Steel Corp operates primarily in the United States but also has steelmaking capacity in Slovakia. The company s operating segments include Flat-Rolled; USSE and Tubular. It generates maximum revenue from the Flat-Rolled segment. The Flat-Rolled segment includes U. S. Steel s integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance and electrical markets.  

Here s how U S Steel actually plans to achieve carbon neutrality by 2050

Here s how U S Steel actually plans to achieve carbon neutrality by 2050
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