ArcelorMittal S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
November 07, 2024 at 01:00 am EST
ArcelorMittal S.A. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 15,196 million compared to USD 16,616 million a year ago. Net income was USD 287 million compared to USD 929 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 1.11 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 1.1 a year ago.
For the nine months, sales was USD 47,727 million compared to USD 53,723 million a year ago. Net income was USD 1,729 million compared to USD 3,885 million a year ago. Basic earnings per share from continuing operations was USD 2.18 compared to USD 4.59 a year ago. Diluted earnings per share from continuing operations was USD 2.17 compared to USD 4.57 a year ago.