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ArcelorMittal's Earnings Top Estimates, Revenues Lag in Q3
ZACKS· 2024-11-15 12:21
ArcelorMittal (MT) posted adjusted earnings of $488 million or 63 cents per share for the third quarter of 2024 compared with $929 million or $1.11 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 ...
ArcelorMittal upgraded to Buy from Neutral at BofA
Thefly· 2024-11-14 09:29
Proprietary deal commentary available to members only. Sign up or login for access.Tues TGLSX TGLS Tecnoglass Block Trade Managers: Morgan StanleyPriced at: $73.801.432M SharesSpecial CommentsExclusive Analysis LockedProprietary deal commentary available to members only. Sign up or login for access. Create FREE AccountProprietary deal commentary available to members only. Sign up or login for access.Managers:$73.801.432M SharesYOUX YOU Clear Secure Block Trade Managers: Morgan StanleyPriced at: $26.504. ...
LanzaTech Reports Third-Quarter 2024 Financial Results, Updates 2024 Outlook, and Expands Business Model to Accelerate Revenue Growth
GlobeNewswire News Room· 2024-11-08 11:00
CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, today reported its financial and operating results for third-quarter 2024, updated its outlook for 2024, and discussed the expansion of its business model beyond licensing its biorefining technology to include more ethanol product sales and increased involvement in the ownership of th ...
ArcelorMittal(MT) - 2024 Q3 - Quarterly Report
2024-11-07 21:14
ARCELORMITTAL 6-K Exhibit 99.1 ArcelorMittal reports third quarter 2024 results Luxembourg, November 7, 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 results for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided ...
ArcelorMittal(MT) - 2024 Q3 - Earnings Call Presentation
2024-11-07 17:14
| --- | --- | |------------------------------------------------------------------------------------------|-------| | | | | Q2 and 1H 2023 financial results Leadership presentation 3Q 2024 Financial Results | | | 27th July 2023 November 7, 2024 | | | Genuino Christino, Chief Financial Officer Daniel Fairclough, Head of Investor Relations | | | | | | | | Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements about ArcelorMittal and its subsidiaries. These st ...
ArcelorMittal(MT) - 2024 Q3 - Earnings Call Transcript
2024-11-07 17:13
ArcelorMittal S.A. (NYSE:MT) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Daniel Fairclough – Investor Relations Genuino Christino – Group Chief Financial Officer Conference Call Participants Ephrem Ravi – Citi Alain Gabriel – Morgan Stanley Tom Zhang – Barclays Patrick Mann – Bank of America Andrew Jones – UBS Dominic O’Kane – JPMorgan Boris Bourdet – Boris Bourdet Tristan Gresser – BNP Paribas Matt Greene – Goldman Sachs Max Kogge – Oddo Bastian Synagowitz – Deutsche B ...
ArcelorMittal (MT) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-07 17:00
ArcelorMittal (MT) reported $15.2 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.6%. EPS of $0.63 for the same period compares to $1.10 a year ago.The reported revenue represents a surprise of -3.58% over the Zacks Consensus Estimate of $15.76 billion. With the consensus EPS estimate being $0.58, the EPS surprise was +8.62%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results
GlobeNewswire News Room· 2024-11-07 06:00
Luxembourg, November 7, 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 and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided the Group with a clear set of 6 recommendations which the Company is committed ...
ArcelorMittal announces the publication of its third quarter 2024 sell-side analyst consensus figures
GlobeNewswire News Room· 2024-10-28 10:00
ArcelorMittal ('the Company') today announces the publication of its third quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts' estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha. To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This is currently a group of approximately ...
ArcelorMittal, ABB Tie Up to Cut Environmental Impact With XCarb Steel
ZACKS· 2024-10-24 12:01
ArcelorMittal S.A. (MT) has collaborated with ABB to introduce XCarb steel, made using high quantities of recycled steel and 100% renewable energy, for ABB’s dependable Kabeldon power distribution system. The sustainable sourcing agreement reduces the carbon footprint of crucial electrification equipment by 29%. ArcelorMittal's XCarb helps ABB fulfill its sustainability goals by lowering the carbon impact of its products. Customers have relied on Kabeldon power distribution systems for decades to offer depe ...