ArcelorMittal's Earnings Top Estimates, Revenues Lag in Q3

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 ...