Gerdau: Q4 Earnings Snapshot
By AP News
Published - Apr 03, 2023, 05:35 PM ET
Last Updated - Jun 22, 2023, 10:57 AM EDT
SAO PAULO SP, Brazil (AP) — SAO PAULO SP, Brazil (AP) — Gerdau SA (GGB) on Monday reported earnings of $231.5 million in its fourth quarter.
The Sao Paulo Sp, Brazil-based company said it had profit of 20 cents per share. Earnings, adjusted for non-recurring costs, came to 22 cents per share.
The steel producer posted revenue of $3.41 billion in the period.
For the year, the company reported profit of $2.21 billion, or $1.26 per share. Revenue was reported as $15.96 billion.