ArcelorMittal announces the publication of its third quarter 2024 sell-side analyst consensus figures
ArcelorMittal has released its third quarter 2024 sell-side analyst consensus figures, compiled by Visible Alpha from approximately 15 brokers who regularly cover the company. The consensus estimates for Q3 2024 project EBITDA of $1,488 million, net income of $420 million, and earnings per share of $0.53. The consensus is based on forecasts from 13 different brokers who have updated their estimates to reflect the Group's new EBITDA definition and reportable segmentation.
ArcelorMittal ha pubblicato i dati di consenso degli analisti sell-side per il terzo trimestre del 2024, compilati da Visible Alpha e provenienti da circa 15 intermediari che seguono regolarmente l'azienda. Le stime di consenso per il Q3 2024 prevedono un EBITDA di 1.488 milioni di dollari, un utile netto di 420 milioni di dollari e un utile per azione di 0,53 dollari. Il consenso si basa sulle previsioni di 13 diversi broker che hanno aggiornato le loro stime per riflettere la nuova definizione di EBITDA del Gruppo e la segmentazione riportabile.
ArcelorMittal ha publicado sus cifras de consenso de analistas sell-side del tercer trimestre de 2024, compiladas por Visible Alpha a partir de aproximadamente 15 corredores que cubren regularmente la empresa. Las estimaciones de consenso para el Q3 2024 proyectan un EBITDA de 1,488 millones de dólares, un ingreso neto de 420 millones de dólares y ganancias por acción de 0,53 dólares. El consenso se basa en pronósticos de 13 corredores diferentes que han actualizado sus estimaciones para reflejar la nueva definición de EBITDA del Grupo y la segmentación reportable.
아르셀로미탈은 2024년 3분기 세일사이드 애널리스트 컨센서스 수치를 발표했습니다. 이 수치는 Visible Alpha에 의해 약 15명의 중개인으로부터 수집되었습니다. Q3 2024에 대한 컨센서스 추정치는 EBITDA가 14억 8,800만 달러, 순이익이 4억 2천만 달러, 주당 순이익이 0.53 달러로 예상됩니다. 이 컨센서스는 그룹의 새로운 EBITDA 정의 및 보고 세그멘테이션을 반영하기 위해 추정치를 업데이트한 13 개의 서로 다른 중개인의 예측을 기반으로 합니다.
ArcelorMittal a publié ses chiffres de consensus des analystes sell-side pour le troisième trimestre 2024, compilés par Visible Alpha à partir d'environ 15 courtiers qui suivent régulièrement l'entreprise. Les estimations de consensus pour le T3 2024 prévoient un EBITDA de 1,488 million de dollars, un résultat net de 420 millions de dollars, et un bénéfice par action de 0,53 dollars. Le consensus est basé sur les prévisions de 13 courtiers différents qui ont mis à jour leurs estimations pour refléter la nouvelle définition d'EBITDA du Groupe et la segmentation rapportable.
ArcelorMittal hat die Konsenszahlen der Sell-Side-Analysten für das dritte Quartal 2024 veröffentlicht, die von Visible Alpha aus etwa 15 Brokern zusammengestellt wurden, die das Unternehmen regelmäßig beobachten. Die Konsensschätzungen für Q3 2024 gehen von einem EBITDA von 1.488 Millionen Dollar, einem Nettoeinkommen von 420 Millionen Dollar und Gewinn pro Aktie von 0,53 Dollar aus. Der Konsens basiert auf Prognosen von 13 verschiedenen Brokern, die ihre Schätzungen aktualisiert haben, um die neue EBITDA-Definition der Gruppe und die berichtbare Segmentierung widerzuspiegeln.
- Projected positive net income of $420 million for Q3 2024
- Expected positive EBITDA of $1,488 million
- Forecasted earnings per share of $0.53
- None.
Insights
The consensus estimates for ArcelorMittal's Q3 2024 reveal important financial metrics that warrant attention. The projected
The consensus data, while not company guidance, represents a significant market indicator. These projections reflect analysts' collective outlook on ArcelorMittal's operational efficiency and profitability amid global steel market conditions. The involvement of reputable institutions like Goldman Sachs, Morgan Stanley and Bank of America adds credibility to these estimates.
ArcelorMittal (‘the Company’) today announces the publication of its third quarter 2024 sell-side analyst consensus figures.
The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha.
To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This is currently a group of approximately 15 brokers. The listed sell-side analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views. ArcelorMittal is neither involved in the collection of the information nor in the compilation of the estimates.
3Q’24 consensus estimates*:
- EBITDA ($m)
$1,488 - Net income ($m)
$420 - Earnings per share ($)
$0.53
* Forecasts from sell-side analysts at 13 different brokers (those who have updated estimates in Visible Alpha and reflected the Group’s new EBITDA definition and reportable segmentation) were included in the consensus estimates. The sell-side analysts / brokers are:
- Bank of America – Patrick Mann
- Citi – Ephrem Ravi, Krishan Agarwal
- Deutsche Bank – Bastian Synagowitz
- Exane – Tristan Gresser
- Goldman Sachs – Matt Greene
- Groupo Santander – Robert Jackson
- ING - Stijn Demeester
- Jefferies – Cole Hathorn
- Kepler – Boris Bourdet
- Keybanc – Phil Gibbs
- Morgan Stanley – Alain Gabriel
- Oddo – Maxime Kogge
- UBS – Andrew Jones
Disclaimer
Estimates based on Visible Alpha consensus dated 24.10.24.
The information provided by Visible Alpha cited herein is provided “as is” and “as available” without warranty of any kind. Use of any Visible Alpha data is at a user’s own risk and Visible Alpha disclaims any liability for use of the Visible Alpha data. Although the information is obtained or compiled from reliable sources Visible Alpha neither can nor does guarantee or make any representation or warranty, either express or implied, as to the accuracy, validity, sequence, timeliness, completeness or continued availability of any information or data, including third-party content, made available herein. In no event shall Visible Alpha be liable for any decision made or action or inaction taken in reliance on any information or data, including third-party content. Visible Alpha further explicitly disclaims, to the fullest extent permitted by applicable law, any warranty of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement.
The consensus estimate is based on estimates, forecasts and predictions made by third party financial analysts, as described above. It is not prepared based on information provided or checked by ArcelorMittal and can only be seen as a consensus view on ArcelorMittal's results from an outside perspective. ArcelorMittal has not provided input on these forecasts, except by referring to past publicly disclosed information. ArcelorMittal does not accept any responsibility for the quality or accuracy of any individual forecast or estimate. This web page may contain forward-looking statements based on current assumptions and forecasts made by ArcelorMittal or third parties. Various known and unknown risks, uncertainties and other factors could lead to material differences between ArcelorMittal's actual future results, financial situation, development or performance, and the estimates given here. These factors include those discussed in ArcelorMittal's periodic reports available on http://corporate.arcelormittal.com/.
ENDS
About ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2023 generated revenues of
Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
http://corporate.arcelormittal.com/
| Contact information ArcelorMittal Investor Relations | |
| General | +44 20 7543 1128 |
| Retail | +44 20 3214 2893 |
| SRI | +44 20 3214 2801 |
| Bonds/Credit | +33 171 921 026 investor.relations@arcelormittal.com |
| Contact information ArcelorMittal Corporate Communications | |
| Paul Weigh Tel: E-mail: | +44 20 3214 2419 press@arcelormittal.com |
FAQ
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