For the quarter ended September 2024, United States Metal (X) reported income of $3.85 billion, down 13% over the identical interval final 12 months. EPS got here in at $0.56, in comparison with $1.40 within the year-ago quarter.
The reported income represents a shock of +3.13% over the Zacks Consensus Estimate of $3.74 billion. With the consensus EPS estimate being $0.45, the EPS shock was +24.44%.
Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s worth efficiency extra precisely.
Right here is how U.S. Metal carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Common Metal Value per Ton – Flat-rolled: $993 versus $973.91 estimated by eight analysts on common.
- Metal Shipments in Tons – Complete: 3,516 Mmt versus 3,632.02 Mmt estimated by eight analysts on common.
- Common Metal Value per Ton – Tubular: $1,805 versus $1,954.99 estimated by eight analysts on common.
- Common Metal Value per Ton – Mini Mill: $800 versus the eight-analyst common estimate of $801.37.
- Common Metal Value per Ton – USSE: $730 versus the eight-analyst common estimate of $791.39.
- Metal Shipments in Tons – Flat Rolled: 1,905 Mmt in comparison with the two,043.12 Mmt common estimate primarily based on eight analysts.
- Internet Gross sales- USSE: $751 million in comparison with the $741.86 million common estimate primarily based on eight analysts. The reported quantity represents a change of -11% 12 months over 12 months.
- Internet Gross sales- Tubular: $218 million in comparison with the $221.23 million common estimate primarily based on eight analysts. The reported quantity represents a change of -30.6% 12 months over 12 months.
- Internet Gross sales- Flat-rolled: $2.41 billion versus $2.36 billion estimated by eight analysts on common. In comparison with the year-ago quarter, this quantity represents a -14.8% change.
- Internet Gross sales- Mini Mill: $582 million versus the seven-analyst common estimate of $575.11 million. The reported quantity represents a year-over-year change of -13%.
- Internet Gross sales- Different Companies: $9 million versus $4.02 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +800% change.
- Internet Gross sales- Reconciling Gadgets and Eliminations: -$121 million versus -$226.17 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -47.6% change.
View all Key Company Metrics for U.S. Steel here>>>
Shares of U.S. Metal have returned +14.3% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.
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United States Steel Corporation (X) : Free Stock Analysis Report
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