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VisitArcelorMittal's market performance relative to competitors in Q2 2024
Outperforms all major competitors • 33%
Performs on par with major competitors • 34%
Underperforms compared to major competitors • 33%
Industry financial reports and analysis
ArcelorMittal Q1 Earnings Surpass Estimates with $1.96B EBITDA
May 2, 2024, 05:45 AM
ArcelorMittal, the world's second-largest steelmaker, reported first-quarter earnings that surpassed expectations, with an EBITDA of $1.96 billion compared to the estimated $1.71 billion. The company saw improved results across multiple regions including North America, Brazil, Europe, and India. This performance boost was attributed to better prices and volumes. ArcelorMittal remains optimistic about the medium to long-term demand outlook.
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Outperforms all major competitors • 33%
Performs on par with major competitors • 33%
Underperforms against major competitors • 33%
Outperforms competitors • 25%
Performs on par with competitors • 25%
Underperforms competitors • 25%
Significant loss against competitors • 25%
Underperforms • 33%
Performs on par • 34%
Outperforms • 33%
Increase by less than 5% • 33%
Increase by 5% to 10% • 33%
Increase by more than 10% • 34%
Increase in domestic production • 25%
Expansion of facilities • 25%
No significant change • 25%
Reduction in workforce due to inefficiencies • 25%
Outperforming major competitors • 33%
Performing on par with major competitors • 33%
Underperforming compared to major competitors • 33%
Top performance • 33%
Competitive but not top • 33%
Underperforming • 34%
Above Expectations • 33%
Meet Expectations • 33%
Below Expectations • 33%
Tesla gains significant market share • 33%
Tesla's market share remains stable • 33%
Competitors gain market share • 34%
Outperforms peers • 33%
Performs similarly to peers • 34%
Underperforms peers • 33%
Increase over 15% • 25%
Increase 5-15% • 25%
No significant change • 25%
Decrease • 25%
Significant stock price increase • 33%
Moderate stock price increase • 33%
Stock price remains stable • 34%
Sustainability initiatives • 25%
Expansion • 25%
Cost cutting • 25%
Innovation and technology • 25%