United States Steel Corp. Reports Fall In Q2 Bottom Line

(RTTNews) - United States Steel Corp. (X) reported earnings for second quarter that decreased from last year

The company's earnings came in at $477 million, or $1.89 per share. This compares with $978 million, or $3.42 per share, in last year's second quarter.

Excluding items, United States Steel Corp. reported adjusted earnings of $483 million or $1.92 per share for the period.

The company's revenue for the quarter fell 20.3% to $5.01 billion from $6.29 billion last year.

United States Steel Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $477 Mln. vs. $978 Mln. last year. -EPS (Q2): $1.89 vs. $3.42 last year. -Revenue (Q2): $5.01 Bln vs. $6.29 Bln last year.