ArcelorMittal (NYSE:MT – Get Free Report) posted its quarterly earnings results on Thursday. The basic materials company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.23, Briefing.com reports. The company had revenue of $16.28 billion for the quarter, compared to analyst estimates of $16.67 billion. ArcelorMittal had […]
ArcelorMittal (NYSE:MT – Get Free Report) posted its quarterly earnings data on Thursday. The basic materials company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.23, Briefing.com reports. ArcelorMittal had a return on equity of 8.24% and a net margin of 1.15%. The firm had revenue of $16.28 […]
Van ECK Associates Corp lifted its stake in shares of ArcelorMittal S.A. (NYSE:MT – Free Report) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 246,001 shares of the basic materials company’s stock after acquiring an additional 3,031 shares during […]
Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of ArcelorMittal (NYSE:MT – Free Report) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has a $31.00 price target on the basic materials company’s stock, down from their previous price target of $34.00. Separately, StockNews.com lowered ArcelorMittal from a […]
Clearbridge Investments LLC cut its stake in shares of ArcelorMittal S.A. (NYSE:MT – Free Report) by 1.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 2,686,792 shares of the basic materials company’s stock after selling 27,844 shares during the period. Clearbridge Investments LLC’s holdings in ArcelorMittal were worth $67,250,000 at the end of the […]