Investing.com
- United States Steel reported on Thursday first quarter earnings that missed
analysts' forecasts and revenue that fell short of expectations.
United States Steel announced earnings per share of $3.05 on
revenue of $5.23B. Analysts polled by Investing.com anticipated EPS of $3.37 on
revenue of $5.3B.
United States Steel shares are up 35.36% from the beginning of the
year and are trading at $33.09 , down-from-52-week-high.They are outperforming
the EUR/USD which
is down 0% year to date.
United States Steel shares gained 2.67% 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 missed by Vale ADR on Wednesday, who reported
EPS of $0.93 on revenue of $10.81B, compared to forecasts EPS of $0.9476 on
revenue of $12.09B.
Sherwin-Williams had
beat expectations on Tuesday with first quarter EPS of $1.61 on revenue of $5B,
compared to forecast for EPS of $1.54 on revenue of $4.91B.
Stay up-to-date on all of the upcoming earnings reports by
visiting Investing.com's
earnings calendar