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ArcelorMittal's Earnings Top Estimates, Revenues Lag in Q3
MTArcelorMittal(MT) ZACKS·2024-11-15 12:21

ArcelorMittal (MT) posted adjusted earnings of 488millionor63centspershareforthethirdquarterof2024comparedwith488 million or 63 cents per share for the third quarter of 2024 compared with 929 million or 1.11pershareintheyear−agoquarter.ThefiguretoppedtheZacksConsensusEstimateof58cents. FindthelatestEPSestimatesandsurprisesonZacksEarningsCalendar.Totalsalesdecreased8.51.11 per share in the year-ago quarter. The figure topped the Zacks Consensus Estimate of 58 cents. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Total sales decreased 8.5% year over year to 15,196 million in the quarter. The figure missed the Zacks Consensus Estimate of $15,760.4 million. The decline was due to lower average selling prices ...