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ArcelorMittal Earnings Estimate

MT Stock  USD 25.77  0.23  0.90%   
The next projected EPS of ArcelorMittal is estimated to be 1.01 with future projections ranging from a low of 0.85 to a high of 1.13. ArcelorMittal's most recent 12-month trailing earnings per share (EPS TTM) is at 0.97. Please be aware that the consensus of earnings estimates for ArcelorMittal SA ADR is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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ArcelorMittal is projected to generate 1.01 in earnings per share on the 30th of June 2024. ArcelorMittal earnings estimates module stress-tests analyst consensus about projected ArcelorMittal SA ADR EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as ArcelorMittal, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

ArcelorMittal Revenue Breakdown by Earning Segment

By analyzing ArcelorMittal's earnings estimates, investors can diagnose different trends across ArcelorMittal's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, ArcelorMittal's Gross Profit is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.08 in 2024, whereas Pretax Profit Margin is likely to drop 0 in 2024.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

ArcelorMittal Earnings Estimation Breakdown

The calculation of ArcelorMittal's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of ArcelorMittal is estimated to be 1.01 with the future projection ranging from a low of 0.85 to a high of 1.13. Please be aware that this consensus of annual earnings estimates for ArcelorMittal SA ADR is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.16
0.85
Lowest
Expected EPS
1.01
1.13
Highest

ArcelorMittal Earnings Projection Consensus

Suppose the current estimates of ArcelorMittal's value are higher than the current market price of the ArcelorMittal stock. In this case, investors may conclude that ArcelorMittal is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and ArcelorMittal's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
673.77%
1.16
1.01
0.97

ArcelorMittal Earnings per Share Projection vs Actual

Actual Earning per Share of ArcelorMittal refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering ArcelorMittal SA ADR predict the company's earnings will be in the future. The higher the earnings per share of ArcelorMittal, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

ArcelorMittal Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as ArcelorMittal, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of ArcelorMittal should always be considered in relation to other companies to make a more educated investment decision.

ArcelorMittal Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact ArcelorMittal's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-02
2024-03-310.941.160.2223 
2024-02-08
2023-12-31-2.051.183.23157 
2023-11-09
2023-09-300.961.10.1414 
2023-07-27
2023-06-301.92.20.315 
2023-05-04
2023-03-310.831.270.4453 
2023-02-09
2022-12-310.281.371.09389 
2022-11-10
2022-09-301.251.11-0.1411 
2022-07-28
2022-06-304.194.240.05
2022-05-05
2022-03-313.254.271.0231 
2022-02-10
2021-12-313.333.920.5917 
2021-11-11
2021-09-304.174.270.1
2021-07-29
2021-06-302.483.460.9839 
2021-05-06
2021-03-311.571.930.3622 
2021-02-15
2020-12-310.080.190.11137 
2020-11-05
2020-09-30-0.17-0.19-0.0211 
2020-07-30
2020-06-30-0.5-0.30.240 
2020-05-07
2020-03-310.05-0.56-0.611220 
2020-02-06
2019-12-31-0.46-0.220.2452 
2019-11-07
2019-09-30-0.29-0.53-0.2482 
2019-08-01
2019-06-300.510.36-0.1529 
2019-05-09
2019-03-310.920.53-0.3942 
2019-02-07
2018-12-310.941.670.7377 
2018-11-01
2018-09-301.321.1-0.2216 
2018-08-01
2018-06-301.492.190.746 
2018-05-11
2018-03-310.991.170.1818 
2018-01-31
2017-12-310.81.190.3948 
2017-11-10
2017-09-300.860.890.03
2017-07-27
2017-06-301.041.080.04
2017-05-12
2017-03-310.530.980.4584 
2017-02-10
2016-12-310.030.720.692300 
2016-11-08
2016-09-300.810.66-0.1518 
2016-07-29
2016-06-300.210.630.42200 
2016-05-06
2016-03-31-0.19-0.3-0.1157 
2016-02-05
2015-12-31-0.59-0.480.1118 
2015-11-06
2015-09-30-0.16-0.090.0743 
2015-07-31
2015-06-30-0.240.180.42175 
2015-05-07
2015-03-31-0.19-0.94-0.75394 
2014-11-07
2014-09-300.250.05-0.280 
2014-08-01
2014-06-300.110.07-0.0436 
2013-11-07
2013-09-30-0.01-0.27-0.262600 
2013-08-01
2013-06-300.21-1.01-1.22580 
2013-05-10
2013-03-31-0.1-0.48-0.38380 
2013-02-06
2012-12-31-6.35-5.90.45
2012-10-31
2012-09-300.33-1.05-1.38418 
2012-07-25
2012-06-301.581.28-0.318 
2012-05-10
2012-03-310.490.18-0.3163 
2012-02-07
2011-12-310.22-1.17-1.39631 
2011-11-03
2011-09-301.170.43-0.7463 
2011-07-27
2011-06-302.132.130.0
2011-05-11
2011-03-311.091.580.4944 
2011-02-08
2010-12-310.42-0.34-0.76180 
2010-10-26
2010-09-300.932.031.1118 
2010-07-28
2010-06-301.61.710.11
2010-04-29
2010-03-310.490.80.3163 
2010-02-10
2009-12-310.611.550.94154 
2009-10-28
2009-09-30-0.151.371.521013 
2009-07-29
2009-06-30-0.48-1.3-0.82170 
2009-04-28
2009-03-31-0.89-1.78-0.89100 
2009-02-11
2008-12-311-4.41-5.41541 
2008-11-05
2008-09-309.166.35-2.8130 
2008-07-30
2008-06-306.439.583.1548 
2008-05-14
2008-03-314.153.84-0.31
2008-02-13
2007-12-314.13.91-0.19
2007-11-14
2007-09-304.054.80.7518 
2007-08-01
2007-06-303.954.50.5513 
2007-05-15
2007-03-313.223.70.4814 
2007-02-21
2006-12-313.243.15-0.09
2006-11-06
2006-09-303.533.610.08
2006-08-02
2006-06-302.793.290.517 
2006-05-12
2006-03-312.432.4-0.03
2006-02-13
2005-12-311.732.10.3721 
2005-11-09
2005-09-301.331.550.2216 
2005-08-10
2005-06-303.593.590.0
2005-04-26
2005-03-314.594.07-0.5211 
2001-11-12
2001-09-30-0.82-1.85-1.03125 
2001-02-08
2000-12-31-0.64-0.270.3757 
2000-10-25
2000-09-301.10.07-1.0393 
2000-07-26
2000-06-301.071.070.0
2000-05-04
2000-03-310.951.010.06
2000-02-04
1999-12-310.730.780.05
1999-11-02
1999-09-300.370.390.02
1999-08-03
1999-06-300.330.340.01
1999-05-14
1999-03-310.110.110.0
1999-03-02
1998-12-310.450.39-0.0613 
1998-11-11
1998-09-300.690.890.228 
1998-08-05
1998-06-301.221.12-0.1
1998-05-08
1998-03-311.151.170.02
1998-02-18
1997-12-310.951.30.3536 

About ArcelorMittal Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of ArcelorMittal earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current ArcelorMittal estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as ArcelorMittal fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings46.3 B48.6 B
Earnings Yield 0.04  0.02 
Price Earnings Ratio 25.86  36.76 
Price Earnings To Growth Ratio(0.29)(0.30)

Pair Trading with ArcelorMittal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ArcelorMittal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ArcelorMittal will appreciate offsetting losses from the drop in the long position's value.

Moving together with ArcelorMittal Stock

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The ability to find closely correlated positions to ArcelorMittal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ArcelorMittal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ArcelorMittal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ArcelorMittal SA ADR to buy it.
The correlation of ArcelorMittal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ArcelorMittal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ArcelorMittal SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ArcelorMittal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ArcelorMittal SA ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ArcelorMittal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Arcelormittal Sa Adr Stock. Highlighted below are key reports to facilitate an investment decision about Arcelormittal Sa Adr Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running ArcelorMittal's price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.
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Is ArcelorMittal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcelorMittal. If investors know ArcelorMittal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcelorMittal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
0.5
Earnings Share
0.97
Revenue Per Share
39.817
Quarterly Revenue Growth
(0.12)
The market value of ArcelorMittal SA ADR is measured differently than its book value, which is the value of ArcelorMittal that is recorded on the company's balance sheet. Investors also form their own opinion of ArcelorMittal's value that differs from its market value or its book value, called intrinsic value, which is ArcelorMittal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcelorMittal's market value can be influenced by many factors that don't directly affect ArcelorMittal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcelorMittal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcelorMittal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcelorMittal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.