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Gerdau Q3 Earnings, Sales Rise

Gerdau Q3 Earnings, Sales Rise

MT newswireMT newswire2026/10/27 07:43
03:43 AM EDT, 10/27/2026 (MT Newswires) -- Gerdau (GGB) reported late Monday Q3 earnings of 0.79 Brazilian reais ($0.15) per share, up from 0.54 reais a year earlier. Four analysts polled by FactSet expected 0.87 reais. Sales for the quarter ended Sept. 30 was 18.69 billion reais, up from 17.98 billion reais a year earlier. Analysts polled by FactSet expected 18.64 billion reais. The company's board also approved a quarterly dividend of 0.34 reais per share, up from 0.23 reais previously. The dividend will be payable Dec. 15 to shareholders of record as of Nov. 10.
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