Gerdau: Q1 Earnings Snapshot

SAO PAULO SP, Brazil (AP) — SAO PAULO SP, Brazil (AP) — Gerdau SA (GGB) on Friday reported earnings of $412.8 million in its first quarter.

The Sao Paulo Sp, Brazil-based company said it had net income of 20 cents per share. Earnings, adjusted for non-recurring gains, were 12 cents per share.

The steel producer posted revenue of $3.27 billion in the period.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GGB at