United States Steel (NYSE:X) Updates Q1 2023 Earnings Guidance

March 16, 2023 — United States Steel (NYSE:X) Provides first quarter 2023 guidance.

The company provided earnings per share (EPS) guidance of $0.58-0.63 for the period, compared to the consensus estimate of $0.22. United States Steel also updated its Q1 2023 guidance to $0.58-$0.63 EPS.

Adjusted EBITDA for the first quarter of 2023 is expected to be approximately $375 million, compared with analyst expectations of $304.8 million.

the company expects to complete approximately $75 million of repurchases of common stock in the first quarte under its existing $500 millon stock buyback authoriation.

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