ArcelorMittal (MT) Misses Q4 EPS by 14c; offers outlook

ArcelorMittal (NYSE: MT) reported Q4 EPS of $0.52, $0.14 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $14.71 billion versus the consensus estimate of $15.08 billion.

OUTLOOK

Company believes demand will increase during 2025: The Company expects higher apparent demand in FY 2025 compared to FY 2024. With low inventory levels, especially in Europe, the Company is optimistic that restocking activity will supplement real demand improvement
Capex discipline in support of growth and competitive decarbonization: Capex in 2025 is projected to be within the range of $4.5-$5.0bn, including $1.4-$1.5bn on our strategic growth projects and $0.3-$0.4bn on projects related to decarbonization

For earnings history and earnings-related data on ArcelorMittal (MT) click here.

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