Investing.com - ArcelorMittal ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ArcelorMittal ADR announced earnings per share of $3.93 on revenue of $20.81B. Analysts polled by Investing.com anticipated EPS of $3.53 on revenue of $20.33B.
ArcelorMittal ADR shares are up 7.76% from the beginning of the year and are trading at $34.30 , down-from-52-week-high.They are outperforming 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 Friday, January 14, 2022, who reported EPS of $1.35 on revenue of $4.76B, compared to forecasts EPS of $1.68 on revenue of $4.76B.
Freeport-McMoran had missed expectations on Wednesday, January 26, 2022 with fourth quarter EPS of $0.96 on revenue of $6.16B, compared to forecast for EPS of $0.9703 on revenue of $6.44B.
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