United States Steel Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - United States Steel Corp. (X) revealed a profit for second quarter that declined from last year.

The company's earnings totaled $214 million, or $1.20 per share. This compares with $261 million, or $1.48 per share, in last year's second quarter.

Excluding items, United States Steel Corp. reported adjusted earnings of $262 million or $1.46 per share for the period.

Analysts had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.0% to $3.61 billion from $3.14 billion last year.

United States Steel Corp. earnings at a glance:

-Earnings (Q2): $262 Mln. vs. $189 Mln. last year. -EPS (Q2): $1.46 vs. $1.07 last year. -Analysts Estimate: $1.13 -Revenue (Q2): $3.61 Bln vs. $3.14 Bln last year.