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Here's What Key Metrics Tell Us About ArcelorMittal (MT) Q1 Earnings
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For the quarter ended March 2026, ArcelorMittal (MT - Free Report) reported revenue of $15.46 billion, up 4.5% over the same period last year. EPS came in at $0.75, compared to $1.04 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $15.67 billion, representing a surprise of -1.37%. The company delivered an EPS surprise of +4.17%, with the consensus EPS estimate being $0.72.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how ArcelorMittal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Crude steel production - Total: 13.30 Mmt versus the two-analyst average estimate of 14.16 Mmt.
Europe - Long shipments: 1,796.00 Kmt versus 1,983.04 Kmt estimated by two analysts on average.
North America - Average steel selling price: $1,089.00 versus the two-analyst average estimate of $1,085.29.
Brazil - Crude steel production: 3,514.00 Kmt compared to the 3,599.20 Kmt average estimate based on two analysts.
Brazil - Average steel selling price: $739.00 compared to the $734.39 average estimate based on two analysts.
Europe - Crude steel production: 6,832.00 Kmt versus 7,752.99 Kmt estimated by two analysts on average.
Europe - Average steel selling price: $931.00 versus the two-analyst average estimate of $935.32.
Sales- North America: $3.3 billion versus the two-analyst average estimate of $3.41 billion. The reported number represents a year-over-year change of +14.6%.
Sales- Brazil: $2.81 billion versus $2.53 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.1% change.
Sales- Sustainable Solutions: $2.62 billion compared to the $2.31 billion average estimate based on two analysts. The reported number represents a change of +1.7% year over year.
Sales- Mining: $917 million versus the two-analyst average estimate of $850.98 million. The reported number represents a year-over-year change of +24.8%.
Sales- Europe: $7.45 billion versus the two-analyst average estimate of $7.65 billion. The reported number represents a year-over-year change of +3.2%.
Shares of ArcelorMittal have returned +3.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About ArcelorMittal (MT) Q1 Earnings
For the quarter ended March 2026, ArcelorMittal (MT - Free Report) reported revenue of $15.46 billion, up 4.5% over the same period last year. EPS came in at $0.75, compared to $1.04 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $15.67 billion, representing a surprise of -1.37%. The company delivered an EPS surprise of +4.17%, with the consensus EPS estimate being $0.72.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how ArcelorMittal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for ArcelorMittal here>>>
Shares of ArcelorMittal have returned +3.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.