Previous Close | 25.07 |
Open | 25.66 |
Bid | 26.09 x 1000 |
Ask | 26.11 x 900 |
Day's Range | 25.55 - 26.27 |
52 Week Range | 21.30 - 29.15 |
Volume | |
Avg. Volume | 1,611,537 |
Market Cap | 21.317B |
Beta (5Y Monthly) | 1.88 |
PE Ratio (TTM) | 23.97 |
EPS (TTM) | 1.09 |
Earnings Date | May 02, 2024 |
Forward Dividend & Yield | 0.50 (1.99%) |
Ex-Dividend Date | May 16, 2024 |
1y Target Est | 33.24 |
(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 EastSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Millions in PrizesTesla Axes Supercharger Team in Blow to Bro
(Reuters) -ArcelorMittal, the world's second-largest steelmaker, on Thursday reported first-quarter earnings ahead of analyst expectations and reiterated its expectation global steel demand outside China will increase by 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. ArcelorMittal's shares were up 3.5% as of 1506 GMT, heading for their best one-day performance in nearly three months.
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