ArcelorMittal (MT) to Post Earnings on Thursday

ArcelorMittal (NYSE:MT) is anticipated to issue its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $1.18 per share and revenue of $17.0692 billion for the quarter. Parties can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

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

ArcelorMittal Price Performance

MT opened at $67.61 on Tuesday. The stock has a fifty day simple moving average of $65.63 and a two-hundred day simple moving average of $60.14. The company has a current ratio of 1.39, a quick ratio of 0.54 and a debt-to-equity ratio of 0.19. The company has a market cap of $52.39 billion, a price-to-earnings ratio of 17.74, a price-to-earnings-growth ratio of 0.51 and a beta of 1.55. ArcelorMittal has a 12-month low of $30.17 and a 12-month high of $72.50.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MT shares. Wells Fargo & Company upped their target price on shares of ArcelorMittal from $61.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Weiss Ratings raised shares of ArcelorMittal from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. raised shares of ArcelorMittal from an “underweight” rating to a “neutral” rating in a research note on Friday, July 10th. Santander cut shares of ArcelorMittal from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of ArcelorMittal in a research note on Monday, July 6th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $68.40.

Hedge Funds Weigh In On ArcelorMittal

Institutional investors and hedge funds have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of ArcelorMittal in the 4th quarter worth about $44,000. CIBC Private Wealth Group LLC grew its position in ArcelorMittal by 126.5% during 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 last quarter. Geneos Wealth Management Inc. increased its stake in ArcelorMittal by 44.2% during 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 in the last quarter. Atlas Capital Advisors Inc. bought a new stake in ArcelorMittal during the 4th quarter valued at about $92,000. Finally, EverSource Wealth Advisors LLC raised its holdings in ArcelorMittal by 268.6% in the second 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 during the last quarter. 9.29% of the stock is currently owned by institutional investors.

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.