ArcelorMittal Q3 Adjusted Earnings Fall, Revenue Rises

MT Newswires Live11-06

ArcelorMittal (MT) reported Thursday Q3 adjusted earnings of $0.62 per share, down from $0.63 a year earlier.

Analysts polled by FactSet expected $0.57.

Sales for the quarter ended Sept. 30 were $15.66 billion, up from $15.2 billion a year earlier.

Analysts polled by FactSet expected $15.5 billion.

Shares were up 4.9% in premarket trade Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment