United States Steel (NYSE:X) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:17 PM.
Here's what investors need to know about the announcement.
Earnings
United States Steel beat their estimated earnings by 10.52%, reporting an EPS of $5.36 versus an estimate of $4.85, which surprised analysts.
Revenue was up $3,624,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.32, which was followed by a 3.97% increase in the share price the next day.
Here's a look at United States Steel's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 3.05 | 0.91 | -0.68 | -1.45 |
| EPS Actual | 3.37 | 1.08 | -0.27 | -1.21 |
| Revenue Estimate | 4.64B | 3.68B | 2.58B | 2.22B |
| Revenue Actual | 5.03B | 3.66B | 2.56B | 2.34B |
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