The fourth-quarter earnings season has started. Steel Dynamics (STLD) has already released its fourth-quarter earnings. The company posted better-than-expected earnings but missed the consensus revenue estimates. Steel Dynamics sounded upbeat about the US steel industry’s outlook.
Companies fourth-quarter earnings
AK Steel (AKS) is scheduled to release its fourth-quarter earnings on January 28 after the markets close. The company will hold its earnings call on January 29. Read Q4 Earnings Preview: Can AK Steel Avoid Another Disappointment? to see what analysts project for AK Steel’s fourth-quarter earnings. Nucor (NUE) is slated to release its earnings on January 29. The company’s earnings, like Steel Dynamics, are expected to have risen to a record high in 2018. President Trump’s Section 232 tariffs lifted US steel prices.
U.S. Steel Corporation (X) is scheduled to release its fourth-quarter earnings on January 30. The company will hold its earnings call the next day. ArcelorMittal (MT) is scheduled to release its earnings on February 7.
In this series, we’ll discuss analysts’ expectations for U.S. Steel Corporation’s fourth-quarter earnings. We’ll also see how analysts view U.S. Steel Corporation before its fourth-quarter earnings. After a 48.2% loss last year, U.S. Steel Corporation has shown some strength in 2019. U.S. Steel Corporation has risen 18.6% based on the closing prices on January 25.
Next, we’ll discuss analysts’ projections for U.S. Steel Corporation’s fourth-quarter revenues.