ArcelorMittal announces the publication of its fourth quarter and full year 2024 sell-side analyst consensus figures

Core Viewpoint - ArcelorMittal has published the fourth quarter and full year 2024 sell-side analyst consensus figures, which are based on estimates from approximately 15 brokers using an external tool managed by Visible Alpha [1][2]. Financial Estimates - The consensus estimates for 4Q'24 include an EBITDA of $1,529 million, net income of $319 million, and earnings per share of $0.41 [3]. - For FY'24, the consensus estimates are an EBITDA of $6,929 million, net income of $2,044 million, and earnings per share of $2.55 [3]. Analyst Participation - The consensus figures are based on the contributions of 13 sell-side analysts who have updated their estimates in Visible Alpha [3]. - The list of participating analysts includes firms such as Bank of America, CITI, Deutsche Bank, and Goldman Sachs [4]. Company Overview - ArcelorMittal is a leading integrated steel and mining company with operations in 60 countries and primary steelmaking in 15 countries [8]. - In 2023, the company generated revenues of $68.3 billion, produced 58.1 million metric tonnes of crude steel, and 42.0 million tonnes of iron ore [8]. Purpose and Vision - The company aims to produce innovative steels that are energy-efficient, low in carbon emissions, and cost-effective, supporting the transition to renewable energy infrastructure [9].