earnings
confidence high
sentiment neutral
materiality 0.65
US Steel Q1 2024: adjusted EPS $0.82, in-line with guidance; EBITDA $414M vs ~$425M guidance
UNITED STATES STEEL CORP
2024-Q1 EPS reported
$0.68
revenue$4,160,000,000
- Net earnings $171M ($0.68 diluted) vs $199M ($0.78) in Q1 2023, a 14% decline.
- Adjusted net earnings $206M ($0.82) vs $195M ($0.77) YoY; adjusted EBITDA $414M vs guidance ~$425M.
- Guidance for adjusted EPS was $0.80–$0.84; actual $0.82 includes ~$0.04 unfavorable inventory impact.
- Segments: North American Flat-Rolled and Mini Mill EBITDA up sequentially; Tubular remains strong despite softer market.