Gerdau Q2 EPS $0.15, Inline, Sales $3.534B Beat $3.350B Estimate

Gerdau S.A. Pfd Sponsored ADR Repr 1 Pfd Sh

Gerdau S.A. Pfd Sponsored ADR Repr 1 Pfd Sh

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Gerdau (NYSE: GGB) reported quarterly earnings of $0.15 per share which met the analyst consensus estimate. This is a 114.29 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $3.534 billion which beat the analyst consensus estimate of $3.350 billion by 5.49 percent. This is a 14.26 percent increase over sales of $3.093 billion the same period last year.
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