Gerdau SA (GGB) Q3 2024 Earnings Call Highlights: Strong Financial Performance Amid Global ... [Yahoo! Finance]
Gerdau S.A. (GGB)
US:NYSE Investor Relations:
ri.gerdau.com/?idioma=enu
Company Research
Source: Yahoo! Finance
Net Income: BRL1.432 billion or BRL0.64 per share, over 50% increase from Q2 2024. Free Cash Flow: BRL3 billion, with BRL1.8 billion from a judicial deposit withdrawal; excluding this, approximately BRL1.2 billion. Leverage: 0.32x net debt over EBITDA, lowest level in the last 12 months. Dividends and Share Buyback: 55% payout on net income; 57% of buyback program executed, investing over BRL700 million. Cost Savings in Brazil: BRL210 million captured in the quarter. Warning! GuruFocus has detected 4 Warning Signs with FRA:3QI. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Gerdau SA ( NYSE:GGB ) achieved an adjusted EBITDA of BRL3 billion, reflecting successful cost reduction initiatives and asset optimization in Brazil. The company reported a significant increase in net income, reaching BRL1.432 billion, which is over 50% higher compared to the previous quarter. Gerdau SA ( NYSE
Show less
Read more
Impact Snapshot
Event Time:
GGB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GGB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GGB alerts
High impacting Gerdau S.A. news events
Weekly update
A roundup of the hottest topics
GGB
News
- GERDAU S.A. - CONSOLIDATED INFORMATION [Yahoo! Finance]Yahoo! Finance
- GERDAU S.A. - CONSOLIDATED INFORMATIONPR Newswire
- Is Gerdau S.A. (GGB) a Quality Penny Stock to Buy Now? [Yahoo! Finance]Yahoo! Finance
- BTG to Offer Syndicated Loans in US After Buying Bank [Yahoo! Finance]Yahoo! Finance
- BTG to Offer Syndicated Loans in US After Buying New York Bank [BNN Bloomberg (Canada)]BNN Bloomberg
GGB
Earnings
- 11/5/24 - Beat
GGB
Sec Filings
- 11/21/24 - Form 6-K
- 11/12/24 - Form SC
- 11/6/24 - Form 6-K
- GGB's page on the SEC website