ArcelorMittal's earnings jump 35% in Q2, analyst forecasts say

Analysts expect steelmaker ArcelorMittal’s earnings for April-June 2018 to increase by 34.99% year-on-year, the company said on Friday July 20.

The company’s earnings before interest, taxes, depreciation and amortization (Ebitda) are forecast to reach $2.85 billion for the second quarter of this year, compared with $2.11 billion in the corresponding quarter of 2017.
The consensus figures are based on estimates from 21 sell-side analysts.

The increase in earnings is...

Published

Maria Tanatar

July 23, 2018

14:28 GMT

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