28.07.2022 23:01:26

United States Steel Corp. Q2 Profit Declines

(RTTNews) - United States Steel Corp. (X) released earnings for second quarter that decreased from last year

The company's bottom line totaled $0.98 billion, or $3.42 per share. This compares with $1.01 billion, or $3.53 per share, in last year's second quarter.

Excluding items, United States Steel Corp. reported adjusted earnings of $1.10 billion or $3.86 per share for the period.

The company's revenue for the quarter rose 25.0% to $6.29 billion from $5.03 billion last year.

United States Steel Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $0.98 Bln. vs. $1.01 Bln. last year. -EPS (Q2): $3.42 vs. $3.53 last year. -Revenue (Q2): $6.29 Bln vs. $5.03 Bln last year.

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