12:59 PM EST, 02/06/2025 (MT Newswires) -- (Updates with the latest stock movement in the last paragraph.)

ArcelorMittal ( MT ) reported Q4 adjusted earnings Thursday of $0.52 per share, down from $1.18 a year earlier.

A single analyst polled by FactSet expected $0.59.

Sales for the quarter ended Dec. 31 were $14.71 billion, up from $14.55 billion a year earlier.

Analysts surveyed by FactSet expected $15.03 billion.

Company shares were up 12% in recent trading.

Price: 28.55, Change: +3.07, Percent Change: +12.03