ArcelorMittal's (MT) Q1 Earnings and Revenues Beat Estimates

Published on 3 May 2024 on Zacks via Yahoo Finance

ArcelorMittal's (MT) Q1 Earnings and Revenues Beat Estimates

ArcelorMittal S.A. MT recorded a net income of $938 million or $1.16 per share in first-quarter 2024 compared with $1,096 million or $1.28 per share in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of 93 cents per share.

Total sales fell around 12% year over year to $16,282 million in the quarter. The figure beat the consensus estimate of $15,824.5 million.

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ArcelorMittal's (MT) Q1 Earnings and Revenues Beat Estimates

NYSE.MT price evolution

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