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ArcelorMittal reports first quarter 2021 results

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ArcelorMittal (MT) Tops Q1 EPS by 37c, Revenues Beat

May 6, 2021 7:25 AM EDT

ArcelorMittal (NYSE: MT) reported Q1 EPS of $1.94, $0.37 better than the analyst estimate of $1.57. Revenue for the quarter came in at $16.19 billion versus the consensus estimate of $15.96 billion.

Commenting, Mr. Aditya Mittal, ArcelorMittal Chief Executive Officer, said:

The first quarter of this year has been our strongest in a decade. While this is naturally a very welcome development following a highly challenging 2020, we are mindful that Covid continues to be a health challenge across the world especially in developing economies. Nowhere is this... More