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abracky

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abracky

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Saturday, 12/18/2021 6:29:34 PM

Saturday, December 18, 2021 6:29:34 PM

Post# of 8715
Not CLF.

U.S. Steel Issues Guidance Below Expectations. The Stock Falls.


By
 
Sabrina Escobar

Updated Dec. 17, 2021 2:14 pm ET / Original Dec. 17, 2021 7:48 am ET

Shares of United States Steel dropped Friday after the steel producer issued fourth-quarter Ebitda guidance below Wall Street expectations.
U.S. Steel (ticker: X) said it expects to wrap up the final quarter of fiscal 2021 with adjusted Ebitda of approximately $1.65 billion. Analysts were expecting Ebitda of $1.99 billion for the quarter, according to FactSet.




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