X Earnings Prediction
The chart below shows how X performed 10 days before and after its earnings report, based on data from the past quarters. Typically, X sees a -0.17% change in stock price 10 days leading up to the earnings, and a -0.84% change 10 days following the report. On the earnings day itself, the stock moves by -0.72%. This data can give you a slight idea of what to expect for the next quarter's release.
X Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.51B
-15.32%
-8.93%
Gross Margin
-1.71%
-236.80%
-138.78%
Operating Margin
-3.90%
140.74%
-372.73%
Net Margin
-2.54%
31.61%
-182.20%
EPS
-0.40
-11.11%
-183.33%
No Data Available
X Earnings Analysis
United States Steel Corp Corporation (X.N) Earnings Conference Call
Positive
Strong Q4 Net Earnings: Q4 2023 net earnings reached $167 million, translating to $0.67 per diluted share, showcasing strong financial performance.
Strong Annual Profitability: Full year 2023 net earnings totaled $895 million, or $3.56 per diluted share, indicating robust profitability for the year.
Strategic Capital Expenditure: Strategic CapEx spending in Q4 amounted to $425 million, reflecting commitment to ongoing projects and future growth.
Strong Liquidity Position: Total liquidity at year-end stood at $5.2 billion, including $2.9 billion in cash, underscoring a strong balance sheet position.
Tubular Segment EBITDA Growth: The tubular segment generated $126 million of EBITDA in Q4, driven by increased customer demand and improved operational performance.
Negative
Adjusted Net Earnings Decline: 4th quarter adjusted net earnings were $167,000,000 or $0.67 per diluted share, a decline from previous quarters due to lower steel prices.
Negative Free Cash Flow: Free cash flow was negative at $244,000,000, indicating a significant cash outflow despite $181,000,000 of investable cash flow generated by the business.
European Segment EBITDA Decline: The European segment delivered only $3,000,000 of EBITDA during the quarter, as higher shipping volumes could not offset lower sales prices and an unfavorable mix.
Raw Material Cost Challenges: Anticipated headwinds in raw material and CO2 costs in the European segment are expected to more than offset higher selling prices in Q1 2024, indicating ongoing challenges.
Tubular Segment EBITDA Decline: In the tubular segment, a decrease in both volumes and pricing is expected to drive lower sequential EBITDA in Q1 2024, suggesting potential revenue declines.
X FAQs
How does X typically perform around its earnings report dates?
Is United States Steel Corp (X) Q4 2024 Earnings Call Summary positive or negative?
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X Earning Call Sentiment
Earnings call transcript: U.S. Steel Q4 2024 misses EPS forecast, stock dips
X.N
-2.56%Positive
The earnings call reveals strong financial performance and optimistic guidance for certain segments, but challenges in the European segment and potential merger risks temper enthusiasm. The merger with Nippon Steel is expected to maximize shareholder value, yet regulatory hurdles remain. Management's lack of clarity on the approval process introduces uncertainty. Given these mixed signals, a neutral stock price movement is likely, as positive financial metrics and merger benefits are balanced by operational and regulatory challenges.
