Published On: Tue, Mar 15th, 2016

Gerdau S.A. (NASDAQ:GGB) To Release Earnings

Analysts await Gerdau S.A. (NASDAQ:GGB) to report earnings on Mar, 15 for the fiscal quarter ending Dec 2015.

They expect $0.01 EPS, down 200% or $0.02 from last year’s $0.03 per share.

At the moment 4 analysts are watching Gerdau S.A. (NASDAQ:GGB), 0 rate it “Buy”, 2 “Outperform”, 1 “Underperform”, 1 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Mar-16, 1 analyst has a mean sales target of 10,480.60 million. For the quarter ending Jun-16, 1 analyst has a mean sales target of 11,492.60 million whilst for the year ending Dec-16, 3 analysts have a mean target of 43,946.00 million.

In terms of earnings per share, 2 analysts have a -0.09 EPS mean target for the quarter ending Mar-16, for the quarter ending Jun-16, 2 analysts have a 0.09 EPS mean target and for the quarter ending Jun-16 there are 3 estimates of 0.06 EPS.

Total shares held by institutions as of the most recent company filings are 285,776,654 with a reported 33,532,291 bought and 15,014,069 sold. These holdings make up 16.71% of the company’s outstanding shares.

The stock increased 0.00% or $0 during the last trading session, hitting $1.57. Gerdau S.A. (NASDAQ:GGB) has fallen 4.46% over the past 6 months and is downtrending.

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