ArcelorMittal (MT) Expected to Announce Quarterly Earnings on Thursday

ArcelorMittal (NYSE:MT) is projected to release its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $0.80 per share and revenue of $16.88 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 3:00 AM ET.

ArcelorMittal (NYSE:MT) last announced its earnings results on Thursday, July 30th. The basic materials company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.28). ArcelorMittal had a net margin of 2.88% and a return on equity of 4.20%. The business had revenue of $16.76 billion during the quarter, compared to analysts’ expectations of $17.56 billion. During the same period in the previous year, the company posted $1.32 earnings per share. ArcelorMittal’s quarterly revenue was up 5.2% on a year-over-year basis. On average, analysts expect ArcelorMittal to post $3.61 EPS for the current fiscal year and $7.25 EPS for the next fiscal year.

ArcelorMittal Stock Performance

NYSE MT opened at $60.28 on Thursday. The stock has a market capitalization of $46.72 billion, a price-to-earnings ratio of 25.54, a PEG ratio of 0.56 and a beta of 1.54. The company has a current ratio of 1.43, a quick ratio of 0.57 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average is $69.04 and its two-hundred day moving average is $63.48. ArcelorMittal has a 12-month low of $36.70 and a 12-month high of $79.68.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MT. Morgan Stanley began coverage on ArcelorMittal in a research report on Monday, August 24th. They issued an “overweight” rating and a $82.00 target price for the company. Weiss Ratings upgraded ArcelorMittal from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, October 14th. Wells Fargo & Company dropped their price target on shares of ArcelorMittal from $69.00 to $64.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 6th. UBS Group upgraded shares of ArcelorMittal from a “neutral” rating to a “buy” rating in a research report on Friday, October 9th. Finally, Deutsche Bank Aktiengesellschaft set a $79.00 price target on shares of ArcelorMittal and gave the stock a “buy” rating in a research report on Monday, October 5th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, ArcelorMittal currently has a consensus rating of “Moderate Buy” and an average price target of $74.55.

ArcelorMittal Company Profile

ArcelorMittal SA (NYSE: MT) is one of the world’s largest integrated steel and mining companies. The company produces steel products for the automotive, construction, appliance, energy, engineering and packaging industries, serving customers through a combination of primary steelmaking, finishing and distribution operations.

Its product portfolio includes flat steel, long steel, tubular products, bars, wire rod and specialized automotive steels. ArcelorMittal also operates iron ore mining and pelletizing activities that support its steel production and supply chain.

The company was formed in 2006 through the merger of Arcelor and Mittal Steel.