Metal (X Earnings)
US Steel (X), a major steel producer, is set to report Q1 results today after the close with a call tomorrow morning at 8:30am ET.
The street is looking for Q1 EPS of $0.30 and revenue of $3.14 bln.
X does not provide revenue and EPS guidance, but it does guide for EBITDA and, on March 12, X guided to Q1 EBITDA of $250 mln and full year EBITDA of $1.7 bln.
Other steelmakers (NUE and STLD) have reported good earnings results this cycle. Hopefully, X will follow suit. Other names to watch include steel producers (AKS, CMC, GGB, MT, NUE, PKX, SCHN, STLD) and steel processors (ROCK, RS, RYI, WOR, ZEUS).