United States Steel Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component United States Steel Corp (NYSE:X) will unveil its latest earnings on Tuesday, January 31, 2012. United States Steel is an integrated steel producer of flat-rolled and tubular products.

United States Steel Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 82 cents per share, a narrower loss from the year earlier quarter net loss of $1.81. During the past three months, the average estimate has moved down from a loss of 70 cents. Between one and three months ago, the average estimate moved down. It has risen from a loss of 83 cents during the last month. Analysts are projecting net income of one cent per share versus a loss of $2.83 last year.

Past Earnings Performance: Last quarter, the company beat estimates by 17 cents, coming in at profit of 72 cents per share against an estimate of net income of. The company also topped expectations in the second quarter.

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Wall St. Revenue Expectations: On average, analysts predict $4.73 billion in revenue this quarter, a rise of 10% from the year ago quarter. Analysts are forecasting total revenue of $19.79 billion for the year, a rise of 13.9% from last year’s revenue of $17.37 billion.

Analyst Ratings: eight out of 15 analysts surveyed (53.3%) have a buy rating on United States Steel.. This is below the mean analyst rating of 10 competitors, which average 56% buy ratings.

A Look Back: In the third quarter, the company swung to a profit of $22 million (15 cents a share) from a loss of $51 million (35 cents) a year earlier, beating analyst estimates. Revenue rose 13% to $5.08 billion from $4.5 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 9.4% in the second quarter from the year earlier, climbed 24.8% in the first quarter from the year-ago quarter and 28.2% in the fourth quarter of the last fiscal year.

Competitors to Watch: AK Steel Holding Corp. (NYSE:AKS), Steel Dynamics, Inc. (NASDAQ:STLD), Nucor Corporation (NYSE:NUE), ArcelorMittal (NYSE:MT), Worthington Industries, Inc. (NYSE:WOR), POSCO (NYSE:PKX), Ternium S.A. (NYSE:TX), Mechel OAO (NYSE:MTL), and Companhia Siderurgica Nacional (NYSE:SID).

Stock Price Performance: During November 25, 2011 to January 25, 2012, the stock price had risen $8.13 (36.5%) from $22.27 to $30.40. The stock price saw one of its best stretches over the last year between February 9, 2011 and February 17, 2011 when shares rose for seven-straight days, rising 11.2% (+$6.39) over that span. It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven-straight days, falling 27.7% (-$11.05) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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