U.S Steel is expected to report a loss of $1.11 a share. The iconic company based in Pittsburgh has fallen on rough times since the recession and is expected to report its 8th straight quarterly loss in a row. Allan Edwards the CEO of The Markets Are Open is expecting a loss of $2.32 a share which includes approximately 67 cent loss for a revaluation of European debt without the loss he expects a loss of $1.65. The next lowest estimate is $1.55 a share. To see the full U.S. Steel report click here.
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Monday, January 24, 2011
U.S. Steel Rolls Off The Tracks
U.S Steel is expected to report a loss of $1.11 a share. The iconic company based in Pittsburgh has fallen on rough times since the recession and is expected to report its 8th straight quarterly loss in a row. Allan Edwards the CEO of The Markets Are Open is expecting a loss of $2.32 a share which includes approximately 67 cent loss for a revaluation of European debt without the loss he expects a loss of $1.65. The next lowest estimate is $1.55 a share. To see the full U.S. Steel report click here.
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