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NYSE:GGB

Gerdau 3/28/2024 Earnings Report

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$3.03 +0.07 (+2.36%)
Closing price 03:59 PM Eastern
Extended Trading
$3.02 0.00 (-0.17%)
As of 07:50 PM Eastern
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Gerdau EPS Results

Actual EPS
$0.06
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Gerdau Revenue Results

Actual Revenue
$2.97 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Gerdau Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Gerdau Earnings Headlines

Gerdau: A More Bullish Outlook Ahead Of H2
The Secret E.I. Project No One’s Talking About… Yet
It took Netflix 3.5 years to reach 1 million users. Twitter? Two years. Facebook? Ten months. ChatGPT? Just 5 days. Now, the next evolution of AI is coming—and it’s happening fast. Known as embodied intelligence (E.I.), this breakthrough merges AI with robotics to create advanced machines: from robot caregivers to autonomous soldiers. Top researchers from around the globe are quietly collaborating on a massive E.I. project set to launch within 90 days.
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About Gerdau

Gerdau (NYSE:GGB), together with its subsidiaries, operates as a steel producer company. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It also provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. In addition, the company offers flat products, such as hot-rolled steel coils and heavy plates; and resells flat steel products. Further, it operates mines that produce iron ore located in the Brazilian state of Minas Gerais. The company sells its products through independent distributors, direct sales from the mills, and its retail network. Gerdau S.A. was founded in 1901 and is based in São Paulo, Brazil.

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