Stay Ahead of the Game With ArcelorMittal (MT) Q3 Earnings: Wall Street's Insights on Key Metrics

Core Viewpoint - Analysts expect ArcelorMittal to report quarterly earnings of $0.74 per share, reflecting a year-over-year increase of 17.5%, while revenues are projected to be $14.99 billion, down 1.3% from the previous year [1] Earnings Projections - The consensus EPS estimate has been revised 1.9% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [1][2] Sales Estimates - Sales in North America are expected to reach $2.75 billion, a decrease of 0.6% year-over-year [4] - Sales in Brazil are projected at $3.08 billion, reflecting a decline of 4.3% from the previous year [4] - Sales from Sustainable Solutions are anticipated to be $2.30 billion, down 9.5% year-over-year [4] - Mining sales are expected to reach $653.25 million, showing an increase of 10.9% from the year-ago quarter [5] - Sales in Europe are projected to be $7.36 billion, indicating a year-over-year increase of 3.1% [5] Market Performance - Over the past month, ArcelorMittal shares have returned -1.9%, compared to a +2.1% change in the Zacks S&P 500 composite [5] - Currently, ArcelorMittal holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [5]