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U.S. Steel slid nearly 5% in premarket trading after profit warning on slow down in orders

Tiger Newspress2021-12-17

U.S. Steel slid nearly 5% in premarket trading after profit warning on slow down in orders.Earnings before interest, taxes and amortization will be about $1.65 billion, the company said in a statement Thursday. That compares with the $2.13 billion average analysts had been expecting. 

“Our fourth-quarter guidance indicates another quarter of strong performance yet reflects a temporary slowdown in order entry activity, which we believe is related to typical seasonal year-end buying activity,” U.S. Steel Chief Executive Officer David B. Burritt said in the statement.

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  • Jazim
    ·2021-12-19
    Okay
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  • littlekitten
    ·2021-12-19
    ..
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  • littlekitten
    ·2021-12-19
    .
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  • lyj893
    ·2021-12-17
    Hi
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    • Boo2bear
      Hi
      2021-12-18
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  • JCinvest
    ·2021-12-17
    Ya
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  • jk1209
    ·2021-12-17
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    • lyj893
      Yes
      2021-12-17
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    • JCinvest
      Ya
      2021-12-17
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  • 陈河马
    ·2021-12-17
    Oh no
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  • JQH
    ·2021-12-17
    Ugh
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    • ATJS
      ok
      2021-12-17
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    • halforc
      ok
      2021-12-17
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    • eo1668

      done
      2021-12-17
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