Tuesday, July 24, 2007

UPDATE 1-U.S. Steel quarterly profit falls 25 percent

(Reuters) - Net earnings were $302 million, or $2.54 per share, down
from $404 million, or $3.22 per share, a year earlier.




The results beat the average Wall Street profit forecast of
$2.35 a share, according to Reuters Estimates. Analysts lowered
their forecasts in April after U.S. Steel issued an earnings
warning.


Read more at Reuters.com Market News

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