ArcelorMittal SA (MT)reported a net loss of $205 million, or a loss of $0.12 per share, better than the net loss of $345 million, or loss of $0.21 per share for the same quarter last year.
Total revenue for the world’s largest steelmaker was unchanged at $19.8 billion, missing Cap IQ estimates of $20.0 billion.
American Depository Receipts (ADRs) of MT last traded at $15.70, just shy of its 200-day moving average at $15.61.
Latest posts by Christina Langfold (see all)
- Interval Training Could Keep Aging at Bay - Mar 9, 2017
- Grass Carps Are Invading The Waters Of 3 Great Lakes - Jan 31, 2017
- Michael Lynton Will Be The New Snap Chairman - Jan 15, 2017