ArcelorMittal (MT) Expected to Announce Quarterly Earnings on Thursday

ArcelorMittal (NYSE:MT) is anticipated to issue its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect ArcelorMittal to announce earnings of $1.18 per share and revenue of $17.0692 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

ArcelorMittal (NYSE:MT) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.04. The firm had revenue of $15.46 billion during the quarter, compared to analyst estimates of $17.04 billion. ArcelorMittal had a net margin of 4.71% and a return on equity of 4.77%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.05 EPS. On average, analysts expect ArcelorMittal to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

ArcelorMittal Trading Down 0.3%

ArcelorMittal stock opened at $67.34 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.54 and a current ratio of 1.39. ArcelorMittal has a fifty-two week low of $30.17 and a fifty-two week high of $72.50. The stock has a market cap of $52.19 billion, a P/E ratio of 17.67, a PEG ratio of 0.52 and a beta of 1.55. The firm’s fifty day moving average price is $65.80 and its 200-day moving average price is $60.28.

Wall Street Analysts Forecast Growth

MT has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $70.00 target price on shares of ArcelorMittal in a research report on Tuesday, July 7th. Wells Fargo & Company raised their price target on ArcelorMittal from $61.00 to $62.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Santander downgraded ArcelorMittal from an “outperform” rating to a “neutral” rating in a research report on Tuesday, April 21st. Weiss Ratings upgraded ArcelorMittal from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of ArcelorMittal in a report on Monday, July 6th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, ArcelorMittal presently has a consensus rating of “Moderate Buy” and an average target price of $68.40.

Institutional Trading of ArcelorMittal

A number of hedge funds have recently made changes to their positions in MT. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in ArcelorMittal in the fourth quarter valued at $44,000. CIBC Private Wealth Group LLC lifted its stake in ArcelorMittal by 126.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,146 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 640 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in ArcelorMittal by 44.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,635 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 501 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of ArcelorMittal in the 4th quarter worth about $92,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of ArcelorMittal by 268.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,422 shares of the basic materials company’s stock worth $76,000 after purchasing an additional 1,765 shares in the last quarter. 9.29% of the stock is owned by institutional investors.

About ArcelorMittal

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.