Recap: ArcelorMittal Q2 Earnings

ArcelorMittal MT reported its Q2 earnings results on Thursday, July 28, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Earnings

ArcelorMittal beat estimated earnings by 30.46%, reporting an EPS of $4.24 versus an estimate of $3.25.

Revenue was up $2.80 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.02 which was followed by a 1.24% increase in the share price the next day.

To track all earnings releases for ArcelorMittal visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.