Companhia Siderurgica Nacional SA reports results for the quarter ended September 30 - Earnings Summary

• Companhia Siderurgica Nacional SA SID.N reported a quarterly adjusted loss of 56 centavos​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -12 cents. The lone analyst forecast for the quarter was for earnings of R$1.16 per share.

• Revenue fell 0.5% to $11.07 billion from a year ago.

• Companhia Siderurgica Nacional SA's reported EPS for the quarter was a loss of 56 cents​.

• The company reported a quarterly loss of R$750.87 million.

• Companhia Siderurgica Nacional SA shares had fallen by 18.4% this quarter and lost 50.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 222.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the iron & steel peer group is also "hold"

Wall Street's median 12-month price target for Companhia Siderurgica Nacional SA is $3.00

This summary was machine generated from LSEG data November 13 at 08:22 p.m. UTC. ​All figures in Brazilian reais unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)