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Gerdau S.A. (GGBR4.SA)
| Previous close | 18.26 |
| Open | 0.00 |
| Bid | 18.58 x 0 |
| Ask | 18.62 x 0 |
| Day's range | 0.00 - 0.00 |
| 52-week range | |
| Volume | |
| Avg. volume | 13,028,321 |
| Market cap | 37.705B |
| Beta (5Y monthly) | 1.35 |
| PE ratio (TTM) | 5.25 |
| EPS (TTM) | 3.55 |
| Earnings date | 03 May 2024 |
| Forward dividend & yield | 1.26 (6.89%) |
| Ex-dividend date | 04 Mar 2024 |
| 1y target est | 25.06 |
- Reuters
UPDATE 1-Brazil's Gerdau posts 48% fall in fourth quarter profit on lower steel sales
Brazilian steelmaker Gerdau posted on Thursday a 47.9% decrease in its adjusted net profit for the first quarter from the same period a year earlier, affected by lower steel sales amid higher imports in Brazil. It reported a 1.25 billion reais ($244.6 million) adjusted net profit for the three-month period ended in March. Gerdau, which has most of its business in Brazil and North America, posted a net revenue decline of 14.1% year-on-year, as steel sales fell 8.6% in volume, with the company attributing the performance to "excessive imports in the Brazilian market".
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