0949 GMT - ArcelorMittal should achieve a robust second quarter after the Luxembourg-based steelmaker posted a first-quarter Ebitda which just edged expectations, Jefferies analysts Cole Hathorn and Tommaso Castello say in a research note. That said, trade disruptions and market uncertainty could imperil, and lower, initial 2025 steel consumption forecasts. Jefferies, however, estimates the company could achieve $2 billion in Ebitda in 2Q and says it sees the potential for 2025 Ebitda consensus estimates could increase by a range of 0% to 10% to up to $7.2 billion. Shares trade 4.1% down to 25.28 euros. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 05:50 ET (09:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。