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IBDvalueinvestin (99.62)

US Steel (X) eps est. raised up almost 100%

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2

February 09, 2012 – Comments (1) | RELATED TICKERS: X , KBH , LEN

for the current qtr.

60 days ago the average analyst estimates were for .22 eps for this current qtr, now the average analyst estimate is for .41 eps.

The stock is well off recent highs of $32+ and currently at $30.48/shr

This minor dip may prove to be a good entrance point heading into March-April.

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I remember a couple of years ago when I saw similar eps increases in CLW and the stock just surged and became my biggest point gainer.

1 Comments – Post Your Own

#1) On February 09, 2012 at 10:47 AM, IBDvalueinvestin (99.62) wrote:

I would not be surprised at all if US Steel shares finish in the green today. Plenty of people shorted at $32+ in the last 4 trading days which will take those short-term gains and not risk turning them into losses.

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