ArcelorMittal proclaims the publication of its fourth quarter 2022 sell-side analyst consensus figures

27 January 2023, 18:00 CET

ArcelorMittal at this time proclaims the publication of its fourth quarter 2022 sell-side analysts’ consensus figures.

The consensus figures are primarily based on analysts’ estimates recorded on an exterior web-based software supplied and managed by an impartial firm, Seen Alpha.

To reach on the consensus figures under, Seen Alpha has aggregated the expectations of sell-side analysts who, to one of the best of our data, cowl ArcelorMittal on a steady foundation. That is presently a bunch of roughly 15 brokers.

The listed analysts comply with ArcelorMittal on their very own initiative and ArcelorMittal isn’t accountable for their views. ArcelorMittal is neither concerned within the assortment of the data nor within the compilation of the estimates.

4Q’22 consensus estimates

• EBITDA ($m)                        $1,257

• Web earnings ($m)                        $358

• Earnings per share ($)                $0.38

Variety of sell-side analyst participation: 10 brokers

The sell-side analysts who cowl ArcelorMittal and whose estimates are included within the 4Q’22 group consensus outlined above are the next:

1. Financial institution of America – Patrick Mann, Jason Fairclough

2. CITI – Ephrem Ravi, Krishan Agarwal

3. Deutsche Financial institution – Bastian Synagowitz

4. Exane – Tristan Gresser

5. Groupo Santander – Robert Jackson

6. Kepler – Rochus Brauneiser

7. Keybanc – Phil Gibbs

8. Morgan Stanley – Alain Gabriel

9. Oddo – Maxime Kogge

10. UBS – Myles Allsop, Andrew Jones

Disclaimer

Estimates primarily based on Seen Alpha consensus dated 27.01.23.

The knowledge supplied by Seen Alpha cited herein is supplied “as is” and “as obtainable” with out guarantee of any variety. Use of any Seen Alpha information is at a person’s personal threat and Seen Alpha disclaims any legal responsibility to be used of the Seen Alpha information. Though the data is obtained or compiled from dependable sources Seen Alpha neither can nor does assure or make any illustration or guarantee, both specific or implied, as to the accuracy, validity, sequence, timeliness, completeness or continued availability of any data or information, together with third-party content material, made obtainable herein. In no occasion shall Seen Alpha be responsible for any determination made or motion or inaction taken in reliance on any data or information, together with third-party content material. Seen Alpha additional explicitly disclaims, to the fullest extent permitted by relevant legislation, any guarantee of any variety, whether or not specific or implied, together with warranties of merchantability, health for a selected goal and non-infringement.

The consensus estimate relies on estimates, forecasts and predictions made by third occasion monetary analysts, as described above. It’s not ready primarily based on data supplied or checked by ArcelorMittal and might solely be seen as a consensus view on ArcelorMittal’s outcomes from an out of doors perspective. ArcelorMittal has not supplied enter on these forecasts, besides by referring to previous publicly disclosed data. ArcelorMittal doesn’t settle for any accountability for the standard or accuracy of any particular person forecast or estimate. This internet web page could comprise forward-looking statements primarily based on present assumptions and forecasts made by ArcelorMittal or third events. Varied recognized and unknown dangers, uncertainties and different components might result in materials variations between ArcelorMittal’s precise future outcomes, monetary state of affairs, improvement or efficiency, and the estimates given right here. These components embrace these mentioned in ArcelorMittal’s periodic studies obtainable on http://company.arcelormittal.com/.

Further share buyback disclosure

The Firm has additionally supplied further share buyback data on its web site summarising the newest share buyback transactions and offers a mannequin for the newest weighted common per share information. This data is up to date every quarter shortly after quarter shut.

Hyperlink as follows: ArcelorMittal share status as of December 31st, 2022

ENDS

About ArcelorMittal

ArcelorMittal is the world’s main metal firm, with a presence in 60 nations and first steelmaking services in 16 nations. In 2021, ArcelorMittal had revenues of $76.6 billion and crude metal manufacturing of 69.1 million metric tonnes, whereas iron ore manufacturing reached 50.9 million metric tonnes.

Our goal is to supply ever smarter steels which have a optimistic profit for individuals and planet. Steels made utilizing modern processes which use much less power, emit considerably much less carbon and cut back prices. Steels which can be cleaner, stronger and reusable. Steels for electrical automobiles and renewable power infrastructure that may assist societies as they rework by this century. With metal at our core, our creative individuals and an entrepreneurial tradition at coronary heart, we are going to assist the world in making that change. That is what we imagine it takes to be the metal firm of the long run.

ArcelorMittal is listed on the inventory exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish inventory exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

For extra details about ArcelorMittal please go to: http://corporate.arcelormittal.com/