ArcelorMittal (MT)
| Previous close | 25.07 |
| Open | 25.05 |
| Bid | 25.65 x 1200 |
| Ask | 25.68 x 900 |
| Day's range | 25.55 - 25.71 |
| 52-week range | 21.30 - 29.15 |
| Volume | |
| Avg. volume | 1,611,537 |
| Market cap | 20.938B |
| Beta (5Y monthly) | 1.88 |
| PE ratio (TTM) | 23.54 |
| EPS (TTM) | 1.09 |
| Earnings date | 02 May 2024 |
| Forward dividend & yield | 0.50 (1.99%) |
| Ex-dividend date | 16 May 2024 |
| 1y target est | 33.24 |
BloombergArcelorMittal Positive on Steel Outlook After Earnings Beat
(Bloomberg) -- ArcelorMittal SA, the world’s biggest steelmaker outside of China, remains positive on the medium to long-term outlook for demand after first-quarter earnings beat estimates.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTesla Axes Supercharger Team in Blow to Broader EV MarketHuawei Secretly Backs US Research, Awarding Mill
ReutersArcelorMittal Q1 earnings top forecast, keeps outlook
(Reuters) -ArcelorMittal, the world's second-largest steelmaker, on Thursday reported first-quarter earnings ahead of analyst expectations and reiterated it expects global steel demand outside China to increase 3-4% this year. Profit was primarily driven by improved results in North America, Brazil, Europe, India and from its joint ventures, offset by lower mining segment results, it said. Despite customers taking a "wait and see" approach in an uncertain economic outlook, the company said low inventories, particularly in Europe, set the foundation for a rebound in demand.
Globe NewswireArcelorMittal S.A.: ArcelorMittal reports first quarter 2024 results
Luxembourg, May 2, 2024 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results1 for the three-month period ended March 31, 2024. 1Q 2024 key highlights: Health and safety focus: Protecting employee health and wellbeing remains the overarching priority of the Company; the Company-wide audit of safety by dss+ is progressing and will
