Benzinga | May 6, 2021 09:40AM EDT

ArcelorMittal Earlier Reported Q1 EPS $1.93 Beats $1.57 Estimate, Sales $16.19B Beat $15.96B Estimate

ArcelorMittal (NYSE:MT) reported quarterly earnings of $1.93 per share which beat the analyst consensus estimate of $1.57 by 22.93 percent. This is a 444.64 percent increase over losses of $(0.56) per share from the same period last year. The company reported quarterly sales of $16.19 billion which beat the analyst consensus estimate of $15.96 billion by 1.46 percent. This is a 9.09 percent increase over sales of $14.84 billion the same period last year.