United States Steel Corp Earnings Preview For Tuesday's Release (X)
United States Steel Corp (NYSE:X) will be releasing last fiscal quarter's results before the opening bell on April 24, 2012. We can review how United States Steel Corp has executed for investors recently.
Who They Are:
United States Steel Corporation engages in the production and sale of steel mill products in North America and Europe. The company operates in three segments: Flat-rolled Products (Flat-rolled), U. S. The company was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania. United States Steel Corp trades an average of 10.8 million shares per day and has a marketcap of $4.2 Billion.
Book Value: $24.30
Float Short: 26.28%
What To Expect:
Analysts expect an improvement of $1.63 in earnings per share compared to last quarter's results of $-1.14. A beat of $0.49 per share will top the estimated mean earnings.
Currently, $0.27 on the low end and $0.73 per share on the high side is what market participants are anticipating in the report.
Recent Stock and Valuation Performance:
The P/E ratio has dropped, as the current trailing twelve months P/E ratio is 486.8, while the forward P/E ratio is now 11.72. It will be interesting to see if pricing is currently at a discount, or if the market has been correct to price in lower growth expectations.
From a month ago, the stock has decreased in price -6.89%, and -42.15% from one year ago.
When comparing to the S&P 500, the year to date difference is -0.18%.
Here are the last few quarters to get an idea how well they perform compared to estimates
Reported earnings per share compared to the mean estimate. Differences are rounded.
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