U.S. Steel (X) to Report Q1 Earnings: What's in the Offing
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Update time : 2022-04-26 21:19:59
United States Steel Corporation X is scheduled to come up with its first-quarter 2022 results after the bell on Apr 28. Healthy end-market demand and higher year-over-year steel prices are likely to have supported its first-quarter results.
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 earnings surprise of 3.9%, on average. It delivered a negative earnings surprise of roughly 20.2% in the last reported quarter.
Shares of U.S. Steel are up 37.2% over a year compared with the industry’s rise of 11%.
