ArcelorMittal moves higher on surging Q4 earnings, revenues [Seeking Alpha]
Arcelor Mittal NY Registry Shares NEW (MT)
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am
Check Earnings Report
US:NYSE Investor Relations:
corporate.arcelormittal.com/investors
Company Research
Source: Seeking Alpha
ArcelorMittal moves higher on surging Q4 earnings, revenuesArcelorMittal (NYSE:MT)+1.8% premarket after reportingQ4 net profit of $1.04B, more than doubling its result from a year ago, andresuming dividend payments.Q4 sales rose by 25% to $17.7B due to higher steel and iron ore shipments and higher average steel selling prices.MT says net debt fell by $1.9B to $10.1B during the quarter, mainly due to positive free cash flow, and plans reduce debt still further to $6B.MT offers anupbeat steel industry outlook for 2018, saying the demand environment remains positive and steel spreads remain healthy; it estimates global steel demand measured by apparent steel consumption will grow 1.5%-2.5% in 2018, with Chinese demand flat.The company says it will continue to work with the European Commission, which has opened a phase 2 review of its proposed acquisition of Italian steelmaker Ilva.See all stocks on the move »Now read:The Nest Egg Portfolio: I'm Selling ArcelorMittal Again »
Show less
Read more
Impact Snapshot
Event Time:
MT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MT alerts
High impacting Arcelor Mittal NY Registry Shares NEW news events
Weekly update
A roundup of the hottest topics
MT
News
- ArcelorMittal S.A. (NYSE: MT) had its "hold" rating re-affirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $31.00 price target on the stock, down previously from $34.00.MarketBeat
- ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors [Financial Post (Toronto, Ontario, Canada)]Financial Post
- 20 Countries with the Largest Slum Population in the World [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal S.A.: ArcelorMittal publishes interim update on its company-wide safety auditGlobeNewswire
MT
Earnings
- 2/8/24 - Beat
MT
Sec Filings
- 4/10/24 - Form 6-K
- 4/8/24 - Form F-3ASR
- 4/8/24 - Form 6-K
- MT's page on the SEC website