Here's What Key Metrics Tell Us About ArcelorMittal (MT) Q1 Earnings

Zacks
30 Apr

For the quarter ended March 2025, ArcelorMittal (MT) reported revenue of $14.8 billion, down 9.1% over the same period last year. EPS came in at $1.04, compared to $1.16 in the year-ago quarter.

The reported revenue represents a surprise of +1.08% over the Zacks Consensus Estimate of $14.64 billion. With the consensus EPS estimate being $0.71, the EPS surprise was +46.48%.

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:

  • Shipments Steel - North America: 2,643 Kmt versus 2,560.44 Kmt estimated by two analysts on average.
  • Shipments Steel - Brazil: 3,158 Kmt versus 3,334.44 Kmt estimated by two analysts on average.
  • Shipments Steel - Europe: 7,528 Kmt versus the two-analyst average estimate of 7,355.4 Kmt.
  • Iron ore shipment - Mining: 8 Mmt versus 7.75 Mmt estimated by two analysts on average.
  • Crude steel production - North America: 2,255 Kmt compared to the 2,200.9 Kmt average estimate based on two analysts.
  • Crude steel production - Brazil: 3,579 Kmt versus the two-analyst average estimate of 3,661.61 Kmt.
  • Crude steel production - Europe: 7,987 Kmt versus 7,836.73 Kmt estimated by two analysts on average.
  • Revenue- North America: $2.88 billion versus the two-analyst average estimate of $2.71 billion. The reported number represents a year-over-year change of -14%.
  • Revenue- Brazil: $2.65 billion versus $2.78 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -13.2% change.
  • Revenue- Mining: $735 million compared to the $774.02 million average estimate based on two analysts. The reported number represents a change of +0.8% year over year.
  • Segment Revenue- Sustainable Solutions: $2.58 billion versus $2.22 billion estimated by two analysts on average.
  • Revenue- Europe: $7.22 billion versus the two-analyst average estimate of $7.10 billion. The reported number represents a year-over-year change of -8%.
View all Key Company Metrics for ArcelorMittal here>>>

Shares of ArcelorMittal have returned +4.1% over the past month versus the Zacks S&P 500 composite's -0.2% 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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This article originally published on Zacks Investment Research (zacks.com).

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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