ArcelorMittal (MT) to Post Earnings on Thursday

ArcelorMittal (NYSE:MT) will likely be releasing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $1.17 per share and revenue of $17.0571 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

ArcelorMittal (NYSE:MT) last released its earnings results on Thursday, April 30th. The basic materials company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.04. ArcelorMittal had a return on equity of 4.77% and a net margin of 4.71%.The business had revenue of $15.46 billion for the quarter, compared to the consensus estimate of $17.04 billion. During the same period last year, the business earned $1.05 earnings per share. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, analysts expect ArcelorMittal to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

ArcelorMittal Trading Up 1.1%

Shares of MT opened at $66.52 on Thursday. ArcelorMittal has a 12-month low of $30.17 and a 12-month high of $72.50. The company has a quick ratio of 0.54, a current ratio of 1.39 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $51.55 billion, a price-to-earnings ratio of 17.46, a P/E/G ratio of 0.50 and a beta of 1.55. The stock’s 50-day moving average price is $65.34 and its 200 day moving average price is $59.72.

Wall Street Analyst Weigh In

MT has been the subject of a number of research reports. Weiss Ratings upgraded ArcelorMittal from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Citigroup restated a “buy” rating on shares of ArcelorMittal in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $70.00 target price on shares of ArcelorMittal in a research note on Tuesday, July 7th. JPMorgan Chase & Co. raised ArcelorMittal from an “underweight” rating to a “neutral” rating in a research report on Friday, July 10th. Finally, Santander downgraded shares of ArcelorMittal from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 21st. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $68.40.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in ArcelorMittal during the fourth quarter worth about $44,000. CIBC Private Wealth Group LLC grew its stake in shares of ArcelorMittal by 126.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,146 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 640 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of ArcelorMittal by 44.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,635 shares of the basic materials company’s stock valued at $47,000 after purchasing an additional 501 shares during the period. Atlas Capital Advisors Inc. acquired a new position in shares of ArcelorMittal in the 4th quarter worth approximately $92,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of ArcelorMittal by 268.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,422 shares of the basic materials company’s stock worth $76,000 after buying an additional 1,765 shares in the last quarter. Institutional investors own 9.29% of the company’s stock.

ArcelorMittal Company Profile

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.