Gerdau SA GGB.N, GGB is expected to show a rise in quarterly revenue when it reports results on February 19 for the period ending December 31 2024
The Sao Paulo-based company is expected to report a 15.6% increase in revenue to R$17.005 billion from R$14.72 billion a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for Gerdau SA is for earnings of 54 centavos per share.
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Gerdau SA is $4.70, above its last closing price of $3.08.
This summary was machine generated February 17 at 19:03 GMT. 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)
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