ArcelorMittal SA (MT, Financial), a leading global steel and mining company, has announced the publication of its fourth quarter and full year 2024 sell-side analyst consensus figures. Released on January 27, 2025, these figures are based on estimates from approximately 15 brokers, aggregated by Visible Alpha, an independent company. The consensus includes key financial metrics such as EBITDA, net income, and earnings per share for both the fourth quarter and the full year 2024.
Positive Aspects
- ArcelorMittal's consensus estimates reflect a robust EBITDA of $6,929 million for FY 2024, indicating strong operational performance.
- The company is projected to achieve a net income of $2,044 million for the full year, showcasing profitability.
- Earnings per share are expected to reach $2.55 for FY 2024, suggesting potential value for shareholders.
Negative Aspects
- The consensus figures are based on external analyst estimates, which may not fully align with ArcelorMittal's internal projections.
- There is a disclaimer regarding the accuracy and reliability of the data provided by Visible Alpha, which could impact investor confidence.
Financial Analyst Perspective
From a financial analyst's viewpoint, ArcelorMittal's consensus estimates for 2024 suggest a stable financial outlook with significant EBITDA and net income figures. The projected earnings per share indicate potential for shareholder returns. However, analysts should consider the inherent uncertainties and risks associated with external estimates, as well as the company's ability to meet or exceed these projections in a volatile market environment.
Market Research Analyst Perspective
As a market research analyst, the consensus figures for ArcelorMittal highlight the company's strong position in the steel and mining industry. The projected financial performance underscores its capability to navigate market challenges and capitalize on growth opportunities. However, the reliance on external analyst estimates necessitates a cautious approach, as market dynamics and unforeseen factors could influence actual outcomes.
Frequently Asked Questions
Q: What are the key financial metrics for ArcelorMittal's 2024 consensus estimates?
A: The key metrics include an EBITDA of $6,929 million, net income of $2,044 million, and earnings per share of $2.55 for FY 2024.
Q: How many analysts contributed to the consensus estimates?
A: The consensus is based on estimates from 13 sell-side analysts.
Q: What is the role of Visible Alpha in the consensus estimates?
A: Visible Alpha aggregates the expectations of sell-side analysts and provides the consensus figures, but ArcelorMittal is not involved in the data collection or compilation process.
Read the original press release here.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
