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Gerdau SA (GGB)
NYSE:GGB
Earnings Data
Report Date
Apr 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
0.21Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: -4.93%
|Next Earnings Date:Apr 28, 2025
Earnings Call Sentiment|Positive
Gerdau demonstrated strong financial performance and strategic investments in 2024, with significant achievements in safety and shareholder returns. However, challenges remain in the Brazilian market due to high import penetration and potential demand risks. The outlook for North America is positive, although there are uncertainties related to US tariffs.Company Guidance
In the earnings call for Gerdau's fourth quarter of 2024, the company reported an adjusted EBITDA of BRL10.8 billion, influenced by strategic cost reductions, particularly in Brazil. They achieved cost savings of BRL1.5 billion, aligning with their guidance, and invested BRL6.2 billion in CapEx in 2024, with BRL6 billion planned for 2025, split between competitiveness and maintenance. Gerdau distributed BRL2.9 billion to shareholders through dividends and buybacks, with plans to repurchase 65 million shares in 2025. They also acquired two small hydroelectric power plants in Brazil, supporting their renewable energy and decarbonization strategy. For 2025, the company is transitioning to reporting results in three segments: Brazil, North America, and South America, emphasizing regional market dynamics. In Brazil, Gerdau faces challenges from high imported steel penetration and sees potential demand pressure due to inflation and interest rates. However, they are optimistic about North American prospects, buoyed by trade defense measures in the U.S. and a positive outlook for non-residential demand and infrastructure sectors.Record Low Accident Frequency Rate
Gerdau ended 2024 with the lowest accident frequency rate in its 124-year history, showcasing a strong commitment to health and safety.
Strong Financial Performance and Cash Generation
Gerdau achieved an adjusted EBITDA of BRL10.8 billion for 2024, with significant cost savings of BRL1.5 billion. The company managed to invest BRL6.2 billion in CapEx while maintaining a solid balance sheet with low leverage.
Strategic Acquisitions and Investments
Gerdau acquired two SHPs in Mato Grosso, enhancing its renewable energy production and supporting its decarbonization strategy. Additionally, the company invested in expanding its Ouro Branco unit to increase hot coil rolled strip capacity.
Positive Outlook for North America
Gerdau anticipates a positive market outlook for non-residential demand and infrastructure in North America, aided by new US trade defense measures and a recovering shipments backlog.
High Shareholder Returns
Gerdau distributed almost BRL2.9 billion in dividends and share buybacks in 2024, representing a payout of almost 66% of profit.
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GGB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GGB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $3.04 | $2.89 | -4.93% |
| Nov 05, 2024 | $3.06 | $3.44 | +12.42% |
| Jul 31, 2024 | $3.17 | $3.10 | -2.21% |
| May 02, 2024 | $3.48 | $3.67 | +5.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gerdau SA (GGB) report earnings?
Gerdau SA (GGB) is schdueled to report earning on Apr 28, 2025, TBA Not Confirmed.
What is Gerdau SA (GGB) earnings time?
Gerdau SA (GGB) earnings time is at Apr 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GGB EPS forecast?
GGB EPS forecast for the fiscal quarter 2025 (Q1) is 0.11.
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