Brazil's CSN posts loss, cuts guidance for 2019 [Reuters]
Companhia Siderurgica Nacional S.A. (SID)
US:NYSE Investor Relations:
ir.csn.com.br
Company Research
Source: Reuters
Brazil's CSN posts loss, cuts guidance for 2019 SAO PAULO, Oct 23 (Reuters) - Brazilian steelmaker Companhia Siderurgica Nacional posted a net loss of 871 million reais ($216 million) in the third quarter due to the depreciation of the local currency, as well as a drop in value of its stake in another mining company. The company cut its guidance for operating profit by about 12% to 7.5 billion reais, the company said in a separate filing. The company has a stake in Usiminas, another steelmaker, that CSN said lost more than 300 million reais in value during the quarter. (Reporting by Marcelo Rochabrun and Alberto Alerigi Jr; Editing by Himani Sarkar) Our Standards: The Thomson Reuters Trust Principles.
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News
- Companhia Siderurgica Nacional (SID) Q3 2024 Earnings Call Highlights: Operational Excellence ... [Yahoo! Finance]Yahoo! Finance
- Companhia Siderúrgica Nacional (NYSE: SID) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Companhia Siderúrgica Nacional (NYSE: SID) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Companhia Siderúrgica Nacional (NYSE: SID) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
SID
Sec Filings
- 11/20/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/14/24 - Form 6-K
- SID's page on the SEC website