US Steel Q1 Earnings Decline Year Over Year
May 09, 2024
Pittsburgh-based United States Steel Corp. has reported first-quarter 2024 net earnings of $171 million, or 68 cents per diluted share, and adjusted net earnings of $206 million, or 82 cents per diluted share. The company’s first-quarter 2023 net earnings were $199 million, or 78 cents per diluted share, and adjusted net earnings were $195 million, or 77 cents per diluted share. President and CEO David B. Burritt says the company delivered a “solid first quarter” as it progressed toward the close of its pending transaction with Nippon Steel Corp.
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