Get ready to discover the eagerly anticipated third quarter financial results of Gerdau S.A. (NYSE: GGB) on Tuesday 5th November 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
According to the forecasts of financial experts on Wall Street, the company is poised to announce an anticipated per share $0.13 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $3.05 billion for this specific period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.13. This was a direct result of the company's total revenue, which amounted to an impressive $3.47 billion during that specific period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $11.36 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $0.48 during the fiscal year.
Gerdau S.A. (GGB) closed Friday's regular trading session at $3.08, demonstrating a 1.28 percent decline. During the day, GGB shares traded between $3.07 and $3.10, with a day volume of 6.90 million shares.