Analysts See $0.57 EPS for United States Steel Corporation (X)

July 17, 2017 - By Maria Brooks

 Analysts See $0.57 EPS for United States Steel Corporation (X)

Investors wait United States Steel Corporation (NYSE:X) to report on July, 25. its quarterly earnings Wall Street analysts expect $0.57 EPS, up $0.88 or 283.87 % from last year’s $-0.31 same quarter earnings. This translates into $97.40M profit for X giving the stock a 10.24 P/E. This is assuming the current $0.57 EPS is accurate. United States Steel Corporation’s Wall Street analysts see -168.67 % EPS growth, taking into account the $-0.83 EPS reproted in the previous quarter, The stock increased 0.56% or $0.13 during the last trading session, reaching $23.35. About 13.31 million shares traded. United States Steel Corporation (NYSE:X) has risen 45.54% since July 18, 2016 and is uptrending. It has outperformed by 28.84% the S&P500.

United States Steel Corporation (NYSE:X) Ratings Coverage

Among 22 analysts covering United States Steel Corporation (NYSE:X), 9 have Buy rating, 2 Sell and 11 Hold. Therefore 41% are positive. United States Steel Corporation had 70 analyst reports since July 30, 2015 according to SRatingsIntel. Barclays Capital maintained United States Steel Corporation (NYSE:X) rating on Tuesday, April 19. Barclays Capital has “Equal-Weight” rating and $15 target. JP Morgan maintained it with “Overweight” rating and $28 target in Tuesday, April 5 report. The rating was downgraded by Deutsche Bank on Wednesday, November 4 to “Hold”. Credit Suisse maintained it with “Outperform” rating and $29 target in Tuesday, June 20 report. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, June 8. The stock has “Buy” rating by Argus Research on Monday, February 6. The firm has “Hold – Buy” rating by Deutsche Bank given on Friday, June 23. The rating was upgraded by KeyBanc Capital Markets on Monday, September 19 to “Sector Weight”. As per Monday, December 5, the company rating was maintained by Deutsche Bank. The firm earned “Equal-Weight” rating on Thursday, February 4 by Barclays Capital.

United States Steel Corporation is an integrated steel producer. The company has market cap of $3.99 billion. The Firm is engaged in producing flat-rolled and tubular products with production activities in North America and Europe. It currently has negative earnings. The Firm operates through three divisions: Flat-Rolled Products , U.

More notable recent United States Steel Corporation (NYSE:X) news were published by: Reuters.com which released: “Tale of two factories: hope, anguish ahead of Trump’s steel tariff call” on July 13, 2017, also Prnewswire.com with their article: “US Steel Conference Call Available On Company Website” published on June 29, 2017, Investorplace.com published: “Buy United States Steel Corporation (X) Stock and Build American” on July 14, 2017. More interesting news about United States Steel Corporation (NYSE:X) were released by: Prnewswire.com and their article: “US Steel And Bedrock Industries Finalize Restructuring And Sale Of US Steel Canada” published on June 30, 2017 as well as Benzinga.com‘s news article titled: “Newsflow Is Turning Positive For Steel Industry, US Steel” with publication date: July 13, 2017.

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