United States Steel Corporation (NYSE:X) plunged -2.28% or -0.77 points during previous trade after opening at the price of $33.11, a total of 16,054,200 shares exchanged hands compared with its average trading volume of 18.62M shares. The stock has a market capitalization of $5.73B and it has 172.46M outstanding shares.
According to consensus agreement of 16 analysts United States Steel Corporation (NYSE:X) will report earnings per share of $0.01 in their quarterly report and it is expected to announce the company’s results on 1/31/17 After Market Close. The stock added almost 80.9% in price since last earning report, when its share price was $18.67. For the current quarter the company has highest EPS estimates of $0.46 and low forecast is $-0.52. However a year ago for the same quarter the company has reported $-0.23 earnings per share.
Earnings reaction history indicates that share price went down 16 times out of last 27 quarters. In United States Steel Corporation (NYSE:X)’s last 12 earnings reports, it has beaten EPS estimates 50% of the time. However it has meet the estimates 0 time and missed 6 times.
If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 9/2016, the consensus mean EPS was $0.88 while United States Steel Corporation (NYSE:X) reported $0.40 EPS on 11/1/2016 After Market Close with a difference of -0.48 marking a surprise factor of -54.55%. The stock’s next day closing price was $17.78 with the loss of -4.77% in its share price. On seventh day of the earnings report price change of the stock was 12.27%.
Previously for the quarter ended on 6/2016, United States Steel Corporation (NYSE:X)’s expected mean EPS was $-0.55, the company reported its quarterly earnings per share of $-0.31 on 7/26/2016 After Market Close, beating the analysts’ consensus estimate by 0.24 with surprise factor of 43.64%. The stock’s closing price was $25.38 with the gain of 11.07% in its share price on the day following the earning announcement. However price change of the stock was 11.95% on seventh day of the earnings report.
United States Steel Corporation (NYSE:X)’s mean EPS estimate was $-1.29 for the quarter ended on 3/2016, while it reported EPS of $-2.15 on 4/26/2016 After Market Close, missing the analysts’ consensus estimate by -0.86 with surprise factor of -66.67%. On next day when data was publically announced, the stock’s closing price was $18.38 with 0.16% gain in its share price. On seventh day of the earnings report price change of the stock was up 2.51%.
Back on 1/26/2016 the company’s estimated EPS value was $-0.85 and it reported $-0.23 earnings per share (EPS) for the quarter ended on 12/2015. The company posted a positive surprise factor of 72.94% by 0.62.
Average EPS forecast for the current year is $-1.97 according to 12 analysts making projections for United States Steel Corporation (NYSE:X). The most expectant earnings per share estimate of the stock is set at $-1.46 while the conservative estimates kept at $-2.24 over the current year. Having a look at the historical EPS report, the company attained $-1.79 EPS for the previous year. While revenue estimates for the current year is $10.28B, United States Steel Corporation (NYSE:X) setting the highest revenues estimates of $10.5B and indicating lowest revenues at $10.14B according to agreement of 13 number of analysts. Current quarter revenue movements show that, the company has set average revenue estimates of $2.65B covering forecast of 10 analysts. The company indicates a peak revenue level of $2.89B and $2.53B at bottom level.
Having a glance at growth estimates of the company, it has current quarter growth estimates of 104.30% whereas for next quarter it has 117.20% estimations over growth. Its forecasts over growth are -10.10% during current year while analysts’ growth estimation for the next year is 194.40%. Past 5 years growth of United States Steel Corporation (NYSE:X) observed at -39.27%, and for the next five years the analysts that follow this company are expecting its growth at 8.00%.
United States Steel Corporation (NYSE:X) reached at $33.00 price level during last trade its distance from 20 days simple moving average is -3.01%, and its distance from 50 days simple moving average is -2.50% while it has a distance of 45.67% from the 200 days simple moving average. One year trading price range hit the peak level of $39.14 and touched the lowest level of $6.07. The company’s distance from 52-week high price is -15.69% and current price is above +443.84% from 52-week low price.