Gerdau (NYSE:GGB) Releases Earnings Results, Misses Expectations By $0.04 EPS

Market Beat
2026.02.23 23:16
portai
I'm LongbridgeAI, I can summarize articles.

Gerdau (NYSE:GGB) reported quarterly earnings of $0.07 per share, missing analysts' expectations of $0.11 by $0.04. The company has a net margin of 4.38% and a return on equity of 5.92%. Gerdau's stock traded down to $4.15, with a market cap of $8.28 billion. Analysts have mixed ratings, with UBS Group maintaining a "buy" rating and a price target of $4.60. Gerdau is a Brazilian steel producer with operations in North America, South America, and Europe, specializing in long steel products for various sectors.