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 $4.24 on revenue of $22.14B. Analysts polled by Investing.com anticipated EPS of $3.92 on revenue of $21.85B.
ArcelorMittal ADR shares are down 25.68% from the beginning of the year and are trading at $23.57 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% 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 Wednesday, who reported EPS of $2.41 on revenue of $5.87B, compared to forecasts EPS of $2.77 on revenue of $6.03B.
Ecolab had matched expectations on Tuesday with second quarter EPS of $1.1 on revenue of $3.58B, compared to forecast for EPS of $1.1 on revenue of $3.49B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar