For the quarter ended March 2025, United States Steel (X) reported revenue of $3.73 billion, down 10.4% over the same period last year. EPS came in at -$0.39, compared to $0.82 in the year-ago quarter.

The reported revenue represents a surprise of +2.91% over the Zacks Consensus Estimate of $3.62 billion. With the consensus EPS estimate being -$0.48, the EPS surprise was +18.75%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how U.S. Steel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Average Steel Price per Ton - Tubular: $1,729 versus the eight-analyst average estimate of $1,604.76.
• Average Steel Price per Ton - USSE: $741 compared to the $758.01 average estimate based on eight analysts.
• Average Steel Price per Ton - Mini Mill: $761 compared to the $820.54 average estimate based on eight analysts.
• Steel Shipments in Tons - Mini Mill: 782 Mmt versus the eight-analyst average estimate of 689.53 Mmt.
• Average Steel Price per Ton - Flat-rolled: $984 compared to the $963.38 average estimate based on eight analysts.
• Steel Shipments in Tons - Flat Rolled: 1,985 Mmt compared to the 1,948.66 Mmt average estimate based on eight analysts.
• Net Sales- Mini Mill: $675 million versus $656.25 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -4% change.
• Net Sales- Flat-rolled: $2.24 billion compared to the $2.17 billion average estimate based on eight analysts. The reported number represents a change of -8.7% year over year.
• Net Sales- USSE: $665 million compared to the $649.77 million average estimate based on eight analysts. The reported number represents a change of -28.1% year over year.
• Net Sales- Tubular: $249 million versus the eight-analyst average estimate of $240.70 million. The reported number represents a year-over-year change of -9.5%.
• Net Sales- Other Businesses: $4 million compared to the $4.79 million average estimate based on five analysts. The reported number represents a change of +100% year over year.
• Net Sales- Reconciling Items and Eliminations: -$106 million versus the two-analyst average estimate of -$159.83 million. The reported number represents a year-over-year change of -46.5%.

View all Key Company Metrics for U.S. Steel here>>>

Shares of U.S. Steel have returned +3.1% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

United States Steel Corporation (X) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research