United States Steel Q4 EPS Beats Estimates

United States Steel reported adjusted diluted net earnings per share of $0.27, well ahead of the average of estimates on Capital IQ for a loss of $0.02 and compared to the year earlier loss of $0.23.

Net sales rose to $2.65 billion from $2.57 billion, almost in line with the Street’s view for $2.665 billion.

If market conditions remain the same, the company sees 2017 net earnings of approximately $535 million, or $3.08 per share.The company also declared a dividend of $0.05 a share payable on March 10 to investors on record by Feb. 10. X was up about 1.2% in after hours trading.