ArcelorMittal announces the publication of third quarter 2021 Ebitda sell-side analyst consensus figures

Rhea-AI Summary

ArcelorMittal has released third-quarter 2021 consensus EBITDA estimates compiled by Vuma Financial Services, based on inputs from 18 sell-side analysts. The consensus EBITDA for the third quarter is estimated at $6,151 million. The estimates are derived from a group of approximately 15-20 brokers who continuously follow the company. ArcelorMittal notes that it is not involved in the collection of these estimates and does not endorse the analysts' views.

Positive

• EBITDA consensus estimate of $6,151 million indicates strong performance expectations.
• Estimates compiled from a robust group of 18 analysts enhance credibility.

Negative

• None.

29 October 2021, 17:30 CET

ArcelorMittal today announces the publication of its third quarter 2021 EBITDA sell-side analysts’ consensus figures.

The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Vuma Financial Services Limited (trade name: Vuma Consensus).

To arrive at the consensus figures below, Vuma Consensus 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 15-20 brokers.

The listed 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.

EBITDA consensus estimates

Period	Number of sell-side analysts participation	EBITDA consensus average $ million
3Q 2021	18	$6,151

The sell-side analysts who cover ArcelorMittal and whose estimates are included in the Group consensus outlined above are the following:

• Barclays – Tom Zhang
• CITI – Ephrem Ravi
• Commerzbank - Ingo-Martin Schachel
• Credit Suisse – Carsten Riek
• Deutsche Bank - Bastian Synagowitz
• Exane – Tristan Gresser
• Goldman Sachs - Jack O’Brien
• Groupo Santander - Robert Jackson
• GVC Gaesco Beka - Iñigo Recio Pascual
• ING - Stijn Demeester
• Jefferies - Alan Spence
• JPM – Luke Nelson
• Kepler - Rochus Brauneiser
• Keybanc - Phil Gibbs
• Morgan Stanley - Alain Gabriel
• Oddo - Alain Williams
• Societe Generale – Christian Georges
• UBS – Myles Allsop, Andrew Jones

FAQ

What is the EBITDA consensus for ArcelorMittal in Q3 2021?

The EBITDA consensus for ArcelorMittal in Q3 2021 is estimated at $6,151 million.

How many analysts contributed to the EBITDA estimates for ArcelorMittal?

A total of 18 sell-side analysts contributed to the EBITDA estimates for ArcelorMittal.

Who compiled the EBITDA estimates for ArcelorMittal?

The EBITDA estimates for ArcelorMittal were compiled by Vuma Financial Services.

When was ArcelorMittal's third-quarter EBITDA consensus released?

The third-quarter EBITDA consensus for ArcelorMittal was released on October 29, 2021.

What is the significance of the EBITDA consensus figures for investors in ArcelorMittal?

The EBITDA consensus figures indicate expected financial performance and can influence investor sentiment regarding ArcelorMittal's stock.