United States Steel Corporation (NYSE: X) logged a profit of $183 million or 72 cents per share for second-quarter 2024, down from a profit of $477 million or $1.89 per share in the year-ago quarter. Barring one-time items, adjusted earnings per share were 84 cents, down from $1.92 a year ago. The figure, however, topped the Zacks Consensus Estimate of 76 cents. Revenues fell around 18% year over year to $4,118 million in the reported quarter. The figure, however, surpassed the Zacks Consensus Estimate of $3,998.2 million. The company reported a total shipment of 3,591,000 tons for the reported quarter, down around 9% year over year. It was below our estimate of 3,744,000 tons. The company faced pricing headwinds across its segments during the reported quarter. United States Steel Corporation Price, Consensus and EPS Surprise United States Steel Corporation price-consensus-eps-surprise-chart | United States Steel Corporation Quote Segment Highlights Flat-Rolled: The segment recorded a profit of $183 million in the reported quarter, down around 21% from the year-ago quarter. Steel shipments in the segment went down roughly 9% year over year to 2,045,000 tons. The average realized price per ton in the unit was $1,051, down around 3% year over year. It was below our estimate of $1,056. Mini Mill: The segment recorded ...