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United States Steel Corp (GB:0LJ9)
:0LJ9
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.54Last Year’s EPS
0.84Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: -7.28%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance for 2023, with positive momentum and strategic initiatives in place for future growth. The merger with Nippon Steel Corporation is positioned as a transformative deal. However, challenges remain with lower steel prices impacting certain segments and anticipated difficulties in the European market.Company Guidance
In the fourth quarter of 2023, U.S. Steel reported strong financial performance, achieving net earnings of $895 million for the full year, equating to $3.56 per diluted share. The fourth quarter alone saw adjusted net earnings of $167 million, or $0.67 per diluted share, and an adjusted EBITDA of $330 million. This performance was bolstered by improvements across the Mini Mill and Tubular segments and favorable year-end inventory adjustments in the North American Flat-Rolled segment. Additionally, $425 million was spent on strategic capital expenditures, contributing to a negative free cash flow of $244 million. U.S. Steel ended the year with a robust total liquidity of $5.2 billion, including $2.9 billion in cash, and maintained a low leverage ratio of 2x adjusted gross debt to EBITDA. Looking ahead, the company anticipates first-quarter 2024 adjusted EBITDA to range between $400 million and $450 million, driven by rising steel prices and strategic contract negotiations, despite anticipated challenges in their European and Tubular segments.Strong Financial Performance in 2023
U.S. Steel reported net earnings of $895 million or $3.56 per diluted share for the full year 2023. Fourth quarter adjusted net earnings were $167 million or $0.67 per diluted share, with adjusted EBITDA of $330 million.
Record Safety Year
The company achieved another record safety year, highlighting a strong commitment to safety and operational excellence.
Strategic Projects and Capital Expenditure
Continued support for the strategic projects with $425 million of strategic CapEx spent in the fourth quarter. The company maintained a strong balance sheet with $5.2 billion of total liquidity.
Merger with Nippon Steel Corporation
Announcement of a merger with Nippon Steel Corporation valued at $55 per share in all-cash transaction, expected to close in the second or third quarter of 2024.
Improved Mini Mill Segment Performance
The Mini Mill segment showed strong results with a 19% EBITDA margin in December, indicating rising steel prices and improving profitability.
Positive Outlook for Q1 2024
The company expects a sequential improvement in Q1 EBITDA for the Flat-Rolled segment and a sizable improvement for the Mini Mill segment.
GB:0LJ9 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:0LJ9 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $43.93 | $43.78 | -0.34% |
Jan 30, 2025 | $36.35 | $37.11 | +2.10% |
Oct 31, 2024 | $38.71 | $38.93 | +0.58% |
Aug 01, 2024 | $40.41 | $39.86 | -1.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does United States Steel Corp (GB:0LJ9) report earnings?
United States Steel Corp (GB:0LJ9) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is United States Steel Corp (GB:0LJ9) earnings time?
United States Steel Corp (GB:0LJ9) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of United States Steel Corp stock?
The P/E ratio of United States Steel is N/A.
What is GB:0LJ9 EPS forecast?
GB:0LJ9 EPS forecast for the fiscal quarter 2025 (Q2) is 0.54.
