Investing.com
- United States Steel reported on Thursday second quarter earnings that beat
analysts' forecasts and revenue that topped expectations.
United States Steel announced earnings per share of $3.86 on
revenue of $6.29B. Analysts polled by Investing.com anticipated EPS of $3.5 on
revenue of $5.81B.
United States Steel shares are down 11% from the beginning of the
year and are trading at $22.42 , down-from-52-week-high.They are outperforming
the Nasdaq which
is down 22.26% year to date.
United States Steel shares gained 3.32% in after-hours trade the
report.
United States
Steel follows other major Materials sector earnings this month
United States Steel's report follows an earnings beat by Air Liquide ADR on Thursday, who
reported EPS of $0.5406 on revenue of $7.41B, compared to forecasts EPS of
$0.5306 on revenue of $7.3B.
Sherwin-Williams had
missed expectations on Wednesday with second quarter EPS of $2.41 on revenue of
$5.87B, compared to forecast for EPS of $2.77 on revenue of $6.03B.
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earnings calendar