Are U.S. Steel Corporation Bears Ignoring Something?
As we noted in the previous part, U.S. Steel Corporation (X) saw a selling spree after its second-quarter earnings release despite posting better-than-expected earnings and increasing its annual guidance. While U.S. Steel Corporation raised its 2018 earnings guidance, the company’s third-quarter guidance was lower than analysts’ expectations. However, there’s a silver lining in U.S. Steel Corporation’s 2018 guidance.