{"id":74182,"date":"2026-11-05T02:38:21","date_gmt":"2026-11-05T06:38:21","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/european-giants-report-q3-earnings-deutsche-telekom-raises-outlook-as-arcelormittal-navigates-ukraine-impact\/74182\/"},"modified":"2026-11-05T02:38:21","modified_gmt":"2026-11-05T06:38:21","slug":"european-giants-report-q3-earnings-deutsche-telekom-raises-outlook-as-arcelormittal-navigates-ukraine-impact","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/european-giants-report-q3-earnings-deutsche-telekom-raises-outlook-as-arcelormittal-navigates-ukraine-impact\/74182\/","title":{"rendered":"European Giants Report Q3 Earnings: Deutsche Telekom Raises Outlook as ArcelorMittal Navigates Ukraine Impact"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Deutsche Telekom (<a href=\"\/stock\/DTE\">DTE<\/a>)<\/strong> raised its full-year <strong>EBITDA AL<\/strong> guidance to <strong>\u20ac47.6 billion<\/strong> and announced a <strong>\u20ac2 billion share buyback<\/strong> for 2027 following a strong Q3 performance.<\/li>\n<li><strong>ArcelorMittal (<a href=\"\/stock\/MT\">MT<\/a>)<\/strong> reported a <strong>$391 million net loss<\/strong> for Q3, heavily impacted by <strong>$1.1 billion<\/strong> in impairment and exceptional charges related to its operations in <strong>Ukraine<\/strong>.<\/li>\n<li><strong>Commerzbank (<a href=\"\/stock\/CBK\">CBK<\/a>)<\/strong> posted a <strong>45% surge in net income<\/strong> to <strong>\u20ac859 million<\/strong>, reinforcing its standalone potential amid ongoing takeover interest from <strong>UniCredit<\/strong>.<\/li>\n<li><strong>Siemens Healthineers (<a href=\"\/stock\/SHL\">SHL<\/a>)<\/strong> announced a rebranding to <strong>&quot;Healthineers&quot;<\/strong> and a carve-out of its diagnostics unit as it navigates structural headwinds in the <strong>Chinese market<\/strong>.<\/li>\n<\/ul>\n<h2>Deutsche Telekom Lifts Guidance on T-Mobile Strength<\/h2>\n<p>Deutsche Telekom (<a href=\"\/stock\/DTE\">DTE<\/a>) delivered a robust third-quarter performance, prompting the German telecom giant to raise its full-year outlook for the third time this year. The company reported <strong>revenue of \u20ac31.10 billion<\/strong>, surpassing analyst estimates of <em>\u20ac30.45 billion<\/em>, while <strong>adjusted EBITDA AL reached \u20ac12.21 billion<\/strong>.<\/p>\n<p>The upgraded guidance now projects full-year <strong>adjusted EBITDA AL of approximately \u20ac47.6 billion<\/strong>, up from the previous forecast of <em>\u20ac47.5 billion<\/em>. Management also signaled a commitment to shareholder returns, announcing plans for a <strong>share buyback of up to \u20ac2 billion<\/strong> to be executed in 2027.<\/p>\n<h2>ArcelorMittal Navigates Geopolitical Headwinds<\/h2>\n<p>ArcelorMittal (<a href=\"\/stock\/MT\">MT<\/a>) faced significant challenges in the third quarter, reporting a <strong>net loss of $391 million<\/strong> compared to a <em>net income of $683 million<\/em> in the previous quarter. The results were primarily weighed down by a <strong>$852 million impairment charge<\/strong> and a <strong>$293 million exceptional charge<\/strong> stemming from the idling of its <strong>Kryvyi Rih<\/strong> operations in <strong>Ukraine<\/strong>.<\/p>\n<p>Despite the reported loss, the steelmaker&#39;s <strong>EBITDA of $2.02 billion<\/strong> beat the consensus estimate of <em>$1.89 billion<\/em>. The company maintained its full-year capital expenditure guidance of <strong>$4.5 billion to $5.0 billion<\/strong>, focusing on strategic growth projects in <strong>Brazil<\/strong> and European decarbonization efforts.<\/p>\n<h2>Commerzbank Hits Record Nine-Month Result<\/h2>\n<p>Commerzbank (<a href=\"\/stock\/CBK\">CBK<\/a>) reported a significant jump in profitability, with <strong>net income rising to \u20ac859 million<\/strong> for the third quarter. The bank&#39;s <strong>operating profit of \u20ac1.31 billion<\/strong> represented a <em>25% year-over-year increase<\/em>, driven by resilient net interest income and strong performance in its corporate client segment.<\/p>\n<p>CEO <strong>Bettina Orlopp<\/strong> emphasized the bank&#39;s ability to create long-term value independently, even as <strong>UniCredit<\/strong> continues to build a substantial stake. The bank reaffirmed its full-year goal of achieving a <strong>net income of at least \u20ac3.4 billion<\/strong>, supported by a <strong>CET1 ratio of 14.2%<\/strong>.<\/p>\n<h2>Siemens Healthineers Rebrands Amid China Weakness<\/h2>\n<p>Siemens Healthineers (<a href=\"\/stock\/SHL\">SHL<\/a>) reported fourth-quarter <strong>revenue of \u20ac6.78 billion<\/strong>, slightly ahead of estimates, but saw <strong>adjusted EBIT fall 2% to \u20ac1.08 billion<\/strong>. The company continues to struggle with a &quot;challenging market environment&quot; in <strong>China<\/strong>, where diagnostics revenue fell <em>4.2% on a comparable basis<\/em>.<\/p>\n<p>In a major strategic shift, the company will officially rename itself <strong>&quot;Healthineers&quot;<\/strong> and has initiated the carve-out of its diagnostics business into a standalone entity named <strong>Olyrian Diagnostics<\/strong>. For fiscal 2027, the firm expects <strong>adjusted EPS between \u20ac2.20 and \u20ac2.40<\/strong>, reflecting a cautious but steady growth trajectory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Deutsche Telekom (DTE) raised its full-year EBITDA AL guidance to \u20ac47.6 billion and announced a \u20ac2 billion share 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