United States Steel’s Q3 Adjusted Earnings, Sales Decline; Dividend Maintained

United States Steel (X) reported Q3 adjusted diluted earnings Thursday of $1.40 a share, down from $1.98 a year earlier.

Analysts surveyed by Capital IQ expected $1.15.

Sales for the quarter ended Sept. 30 were $4.43 billion, down from $5.2 billion a year earlier.

Two analysts surveyed by Capital IQ expected $4.26 billion.

The company said its board maintained a quarterly dividend of $0.05 per share, payable Dec. 7 to stockholders of record on Nov. 6.

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