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ArcelorMittal (MT) Reports Q2 Earnings: What Key Metrics Have to Say
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ArcelorMittal (MT - Free Report) reported $16.76 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 5.2%. EPS of $0.89 for the same period compares to $1.32 a year ago.
The reported revenue represents a surprise of -0.34% over the Zacks Consensus Estimate of $16.82 billion. With the consensus EPS estimate being $1.18, the EPS surprise was -24.58%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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: 14.30 Mmt versus 13.96 Mmt estimated by two analysts on average.
Europe - Long shipments: 2,002.00 Kmt compared to the 2,000.60 Kmt average estimate based on two analysts.
North America - Average steel selling price: $1,161.00 versus the two-analyst average estimate of $1,106.41.
Brazil - Crude steel production: 3,711.00 Kmt versus 3,597.74 Kmt estimated by two analysts on average.
Brazil - Average steel selling price: $798.00 versus the two-analyst average estimate of $779.35.
Europe - Crude steel production: 7,551.00 Kmt versus the two-analyst average estimate of 7,649.56 Kmt.
Europe - Average steel selling price: $967.00 versus the two-analyst average estimate of $968.09.
Sales- North America: $3.67 billion versus the two-analyst average estimate of $3.56 billion. The reported number represents a year-over-year change of +18.3%.
Sales- Brazil: $3.15 billion versus the two-analyst average estimate of $2.98 billion. The reported number represents a year-over-year change of +11.9%.
Sales- Sustainable Solutions: $2.99 billion versus the two-analyst average estimate of $2.36 billion. The reported number represents a year-over-year change of +9.7%.
Sales- Mining: $780 million compared to the $893.21 million average estimate based on two analysts. The reported number represents a change of -9% year over year.
Sales- Europe: $7.8 billion compared to the $8 billion average estimate based on two analysts. The reported number represents a change of +1.9% year over year.
Shares of ArcelorMittal have returned +10.9% over the past month versus the Zacks S&P 500 composite's -1.5% 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.
View the Zacks #1 Rank List
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ArcelorMittal (MT) Reports Q2 Earnings: What Key Metrics Have to Say
ArcelorMittal (MT - Free Report) reported $16.76 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 5.2%. EPS of $0.89 for the same period compares to $1.32 a year ago.
The reported revenue represents a surprise of -0.34% over the Zacks Consensus Estimate of $16.82 billion. With the consensus EPS estimate being $1.18, the EPS surprise was -24.58%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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 +10.9% over the past month versus the Zacks S&P 500 composite's -1.5% 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.