Stock AnalizArcelorMittal (MT) earnings for the quarter ended September 2026: EPS beats estimates
ArcelorMittal reported results for the quarter ended September 2026 on November 5, 2026. Adjusted earnings per share came in at $1.15 against the analysts’ average forecast of $0.94, a beat of 22.8%.
Revenue for the quarter was $16.47 billion, up 5.2% from $15.66 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 2.4% on the first trading day after the report.
The last four quarters
ArcelorMittal has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $1.15 | $0.94 | +22.8% | +5% | −2.4% |
| Jun 2026 | $0.89 | $1.09 | −18.4% | — | +6.8% |
| Mar 2026 | $0.75 | $0.71 | +6.1% | — | +1.7% |
| Dec 2025 | $0.86 | $0.55 | +56.9% | — | +9.5% |
What comes next
Analysts expect EPS of $1.17 for the next quarter on average and $3.25 for the fiscal year ending December 31, 2026.
The average analyst price target is $77.33, 23% above the current price of $62.79.
Valuation and score
ArcelorMittal scores 1.4 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 45.9, and its intrinsic value under moderate assumptions is about 7% below the current market value. Full ArcelorMittal analysis with 10 years of financials
Frequently asked questions
What was ArcelorMittal’s EPS for the quarter ended September 2026?
$1.15 adjusted per share, against an analyst consensus of $0.94.
How much revenue did ArcelorMittal report?
$16.47 billion, up 5.2% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.