Investing.com - ArcelorMittal ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ArcelorMittal ADR announced earnings per share of $3.46 on revenue of $19.34B. Analysts polled by Investing.com anticipated EPS of $2.43 on revenue of $18.77B.
ArcelorMittal ADR shares are up 0.93% from the beginning of the year and are trading at $34.29 , down-from-52-week-high.They are under-performing the Nasdaq which is up 14.54% from the start of the year.
ArcelorMittal ADR follows other major Materials sector earnings this month
ArcelorMittal ADR's report follows an earnings missed by Sherwin-Williams on Tuesday, who reported EPS of $2.65 on revenue of $5.38B, compared to forecasts EPS of $2.67 on revenue of $5.38B.
Ecolab had beat expectations on Tuesday with second quarter EPS of $1.22 on revenue of $3.16B, compared to forecast for EPS of $1.21 on revenue of $3.11B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar