NEW YORK (TheStreet) -- U.S. Steel (X) - Get Report stock is surging by 9.68% to $7.59 in afternoon trading on Tuesday, before the company reports its 2015 fourth quarter financial results after the market close.
Although analysts have forecast for a year-over-year decline in both earnings and revenue, investors are likely optimistic after rival steel producers AK Steel (AKS) and Steel Dynamics (STLD) both reported earnings ahead of analysts' estimates.
Analysts have forecast for a loss of 83 cents per share on revenue of $2.52 billion for the quarter.
Last year, the company reported earnings of $1.83 per share on revenue of $4.07 billion for the fourth quarter.
Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D.
U.S. Steel's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.
You can view the full analysis from the report here: X
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.