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via finance.yahoo.comMarkets

ArcelorMittal beats third-quarter estimates on higher margins

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- ArcelorMittal SA (AS:MT) on Thursday reported third quarter results that exceeded analyst expectations, with EBITDA of $2.0 billion beating the consensus estimate of $1.97 billion by 3%. Still guessing which stocks will beat the market? Our AI portfolio updates…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above consensus for a major steelmaker can move the shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EBITDA rose 34% to $2.0 billion, above consensus.
  2. 02Adjusted EPS was $1.15 versus $0.84 expected.
  3. 03The reported net loss of $0.4 billion included impairments.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
ArcelorMittal S.A.MTStock62.49 USDMarket closedtoday +3.43%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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