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ArcelorMittal S.A.: ArcelorMittal announces publication of its second quarter 2024 sell-side analyst consensus figures

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ArcelorMittal (MT) has released its Q2 2024 sell-side analyst consensus figures, based on estimates from approximately 15 brokers. The consensus, compiled by Visible Alpha, shows:

  • EBITDA: $1,773 million
  • Net income: $624 million
  • Earnings per share: $0.79

These figures are derived from 12 participating analysts who have updated their estimates to reflect ArcelorMittal's new EBITDA definition and reportable segmentation. The company emphasizes that it is not responsible for analysts' views and is not involved in collecting or compiling the estimates.

ArcelorMittal (MT) ha rilasciato le previsioni di consenso degli analisti sell-side per il secondo trimestre del 2024, basate su stime provenienti da circa 15 broker. Il consenso, compilato da Visible Alpha, mostra:

  • EBITDA: 1.773 milioni di dollari
  • Reddito netto: 624 milioni di dollari
  • Aggi utile per azione: 0,79 dollari

Queste cifre derivano da 12 analisti partecipanti che hanno aggiornato le loro stime per riflettere la nuova definizione di EBITDA e la segmentazione reportabile di ArcelorMittal. L'azienda sottolinea che non è responsabile delle opinioni degli analisti e non è coinvolta nella raccolta o nella compilazione delle stime.

ArcelorMittal (MT) ha publicado las cifras de consenso de analistas del lado de ventas para el segundo trimestre de 2024, basadas en estimaciones de aproximadamente 15 corredores. El consenso, compilado por Visible Alpha, muestra:

  • EBITDA: 1,773 millones de dólares
  • Ingresos netos: 624 millones de dólares
  • Ganancias por acción: 0,79 dólares

Estas cifras se derivan de 12 analistas participantes que han actualizado sus estimaciones para reflejar la nueva definición de EBITDA y la segmentación reportable de ArcelorMittal. La empresa enfatiza que no es responsable de las opiniones de los analistas y no está involucrada en la recopilación o compilación de las estimaciones.

ArcelorMittal (MT)는 약 15명의 브로커의 추정에 따라 2024년 2분기 매도 측 분석가 컨센서스 수치를 발표했습니다. Visible Alpha가 집계한 컨센서스는 다음과 같습니다:

  • EBITDA: 17억 7,300만 달러
  • 순이익: 6억 2,400만 달러
  • 주당순이익: 0.79달러

이 수치는 ArcelorMittal의 새로운 EBITDA 정의와 보고 가능한 세분화에 따라 추정치를 업데이트한 12명의 분석가로부터 나온 것입니다. 회사는 분석가의 의견에 대한 책임이 없으며, 추정치를 수집하거나 집계하는 데 관여하지 않음을 강조합니다.

ArcelorMittal (MT) a publié ses chiffres de consensus des analystes sell-side pour le deuxième trimestre de 2024, basés sur des estimations d'environ 15 courtiers. Le consensus, compilé par Visible Alpha, montre :

  • EBITDA : 1,773 milliard de dollars
  • Résultat net : 624 millions de dollars
  • Bénéfice par action : 0,79 dollar

Ces chiffres proviennent de 12 analystes participants qui ont mis à jour leurs estimations pour refléter la nouvelle définition de l'EBITDA et la segmentation reportable d'ArcelorMittal. L'entreprise souligne qu'elle n'est pas responsable des opinions des analystes et n'est pas impliquée dans la collecte ou la compilation des estimations.

ArcelorMittal (MT) hat die Konsenszahlen der Sell-Side-Analysten für das zweite Quartal 2024 veröffentlicht, basierend auf Schätzungen von etwa 15 Brokern. Der Konsens, der von Visible Alpha zusammengestellt wurde, zeigt:

  • EBITDA: 1.773 Millionen US-Dollar
  • Nettoeinkommen: 624 Millionen US-Dollar
  • Gewinn je Aktie: 0,79 US-Dollar

Diese Zahlen stammen von 12 teilnehmenden Analysten, die ihre Schätzungen aktualisiert haben, um die neue EBITDA-Definition und die berichtspflichtige Segmentierung von ArcelorMittal widerzuspiegeln. Das Unternehmen betont, dass es nicht für die Ansichten der Analysten verantwortlich ist und nicht an der Sammlung oder Zusammenstellung der Schätzungen beteiligt ist.

Positive
  • Analyst consensus suggests positive EBITDA of $1,773 million for Q2 2024
  • Projected net income of $624 million indicates profitability
  • Expected earnings per share of $0.79 suggests positive financial performance
Negative
  • None.

23 July 2024, 16:00 CET

ArcelorMittal (‘the Company’) today announces the publication of its second 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.

2Q’24 consensus estimates*:

                                        2Q’24                        

  • EBITDA ($m)                        $1,773                        
  • Net income ($m)                  $624        
  • Earnings per share ($)         $0.79                        

* Number of sell-side analyst participation is 12 brokers (i.e., those who have updated estimates in Visible Alpha and reflected the Company’s new EBITDA definition and reportable segmentation).

The sell-side analysts who cover ArcelorMittal and whose estimates are included in the 2Q’24 consensus outlined above are the following:

  1. Bank of America – Patrick Mann, Jason Fairclough
  2. CITI – Ephrem Ravi, Krishan Agarwal
  3. Deutsche Bank – Bastian Synagowitz
  4. Exane – Tristan Gresser
  5. Goldman Sachs – Matt Greene
  6. Groupo Santander – Robert Jackson
  7. Jefferies – Cole Hathorn
  8. ING - Stijn Demeester
  9. Keybanc – Phil Gibbs
  10. Morgan Stanley – Alain Gabriel
  11. Oddo – Maxime Kogge
  12. UBS – Andrew Jones

Disclaimer

Estimates based on Visible Alpha consensus dated 22.7.24.

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 $68.3 billion, produced 58.1 million metric tonnes of crude steel and 42.0 million tonnes of iron ore.

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
E-mail
+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

What is ArcelorMittal's (MT) expected EBITDA for Q2 2024 according to analyst consensus?

According to the sell-side analyst consensus, ArcelorMittal's expected EBITDA for Q2 2024 is $1,773 million.

What is the projected earnings per share (EPS) for ArcelorMittal (MT) in Q2 2024?

The projected earnings per share (EPS) for ArcelorMittal in Q2 2024, based on analyst consensus, is $0.79.

How many analysts contributed to ArcelorMittal's (MT) Q2 2024 consensus estimates?

The Q2 2024 consensus estimates for ArcelorMittal are based on inputs from 12 participating sell-side analysts.

What is the expected net income for ArcelorMittal (MT) in the second quarter of 2024?

The expected net income for ArcelorMittal in the second quarter of 2024, according to analyst consensus, is $624 million.

ArcelorMittal

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