Investing.com - ArcelorMittal ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
ArcelorMittal ADR announced earnings per share of $1 on revenue of $14.18B. Analysts polled by Investing.com anticipated EPS of $-0.0167 on revenue of $15.95B.
ArcelorMittal ADR shares are up 4% from the beginning of the year and are trading at $23.44 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 2.84% from the start of the year.
ArcelorMittal ADR follows other major Basic Materials sector earnings this month
ArcelorMittal ADR's report follows an earnings beat by Sherwin-Williams on Thursday, January 28, 2021, who reported EPS of $5.09 on revenue of $4.49B, compared to forecasts EPS of $4.85 on revenue of $4.34B.
Air Products had missed expectations on Thursday, February 4, 2021 with first quarter EPS of $2.12 on revenue of $2.38B, compared to forecast for EPS of $2.18 on revenue of $2.35B.
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