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U.S. Steel forecasts fourth-quarter surprise loss
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U.S. Steel forecasts fourth-quarter surprise loss
Dec 19, 2024 2:00 PM

(Reuters) - United States Steel ( X ) on Thursday forecast a surprise loss for the fourth quarter, sending its shares down nearly 5% in aftermarket trading.

The company expects an adjusted loss of between 29 cents and 25 cents for the quarter, compared with analysts' average estimate of a profit of 16 cents, according to data compiled by LSEG.

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