US Steel Stock Stumbles On Weak Q4 Outlook
US Steel Stock Stumbles On Weak Q4 Outlook
United States Steel Corp (NYSE:X) shares are trading lower in Thursday's after-hours session after the company issued fourth-quarter guidance below analyst estimates.
美國鋼鐵公司（紐交所:X）股票在星期四的盤後交易中下跌，此前該公司發佈的第四季度指導低於分析師預期。
What Happened: After the market close on Thursday, U.S. Steel said it expects to report a fourth-quarter adjusted loss of 25 cents to 29 cents per share. Fourth-quarter adjusted EBITDA is expected to come in around $150 million.
發生了什麼：在星期四市場收盤後，美國鋼鐵公司表示預計將報告每股調整後虧損25美分至29美分。第四季度調整後EBITDA預計將達到約15000萬。
"Steel prices remained depressed and BR2 ramp-related costs exert pressure on the quarter, while the Big River team works towards increasing prime ton production in our new mill. Despite the challenging pricing environment across all segments, the North American Flat-Rolled segment continues to deliver strong EBITDA primarily through its robust commercial strategy and a diverse product mix," said David Burritt, CEO of U.S. Steel.
「鋼鐵價格持續低迷，BR2相關成本給本季度帶來了壓力，儘管大河團隊正在努力提高我們新工廠的優質噸位生產。儘管所有板塊的定價環境都很艱難，但北美熱軋板塊仍然通過強大的商業策略和多樣化的產品組合實現了強勁的EBITDA，」美國鋼鐵公司首席執行官大衛·巴里特說。
Q4 Adjusted EBITDA By Segment:
第四季度按板塊調整後EBITDA：
- The Flat-Rolled segment's adjusted EBITDA is expected to be lower than the third quarter due to lower selling prices and volumes.
- The Mini Mill segment's adjusted EBITDA is expected to be lower than the third quarter due to lower volumes.
- The European segment's adjusted EBITDA is expected to be lower than the third quarter, largely due to the unfavorable impact of weak demand, resulting in lower volumes, average selling prices and volume inefficiencies.
- The Tubular segment's adjusted EBITDA is expected to be higher than the third quarter, primarily due to increased volume and lower costs due to the absence of outage activity.
- 由於銷售價格和成交量降低，熱軋板塊的調整後EBITDA預計會低於第三季度。
- 由於成交量降低，迷你工廠板塊的調整後EBITDA預計會低於第三季度。
- 由於需求疲軟導致成交量、平均銷售價格和成交量效率降低，歐洲板塊的調整後EBITDA預計會低於第三季度。
- 由於成交量增加和缺乏停產活動導致成本降低，管道板塊的調整後EBITDA預計會高於第三季度。
"In Europe, the demand and pricing environment remains weak. To meet production volume requirements after unplanned downtime from a fire at the #1 Caster, we are temporarily operating three blast furnaces beginning Dec. 7, but expect to return to two blast furnaces by January. The Tubular segment continues to face pressure from a weak pricing environment," Burritt added.
在歐洲，需求和價格環境仍然疲軟。爲了滿足在#1鑄造機發生意外停機後對生產成交量的要求，我們預計從12月7日起臨時運營三座高爐，但預計到1月將恢復到兩座高爐。管道部門繼續面臨弱價格環境帶來的壓力，" Burritt補充道。
U.S. Steel is due to report fourth-quarter financial results near the end of January. Analysts currently expect the company to report fourth-quarter revenue of $3.69 billion. Fourth-quarter earnings were projected around 16 cents per share before Thursday's guidance update.
美國鋼鐵公司預計將於1月底公佈第四季度財務結果。分析師目前預計該公司第四季度營業收入爲36.9億美元。在週四的指導更新之前，第四季度盈利預計約爲每股16美分。
X Price Action: U.S. Steel shares were down 4.54% in Thursday's after-hours session, trading at $30.28 at the time of publication, per Benzinga Pro.
X價格走勢：在週四的盤後交易中，美國鋼鐵公司的股票下跌了4.54%，在發表時的交易價格爲30.28美元，根據Benzinga Pro。
Photo: Courtesy U.S. Steel
照片：美國鋼鐵公司提供
