Benzinga | May 5, 2021 11:41AM EDT

Gerdau Q4 EPS $0.13 Misses $0.17 Estimate, Sales $2.52B Beat $2.34B Estimate

Gerdau (NYSE:GGB) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.17 by 23.53 percent. This is a 1200 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $2.52 billion which beat the analyst consensus estimate of $2.34 billion by 7.78 percent. This is a 5.83 percent increase over sales of $2.38 billion the same period last year.