National Steel (SID) Projected to Post Earnings on Thursday

National Steel (NYSE:SID) is projected to announce its Q3 2026 results after the market closes on Thursday, November 12th. Analysts expect National Steel to announce earnings of ($0.04) per share and revenue of $1.89 billion for the quarter. Parties can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, November 13, 2026 at 9:30 AM ET.

National Steel (NYSE:SID) last released its quarterly earnings data on Thursday, August 13th. The basic materials company reported ($0.12) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.12). National Steel had a negative net margin of 5.26% and a negative return on equity of 14.90%. The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.13 billion. On average, analysts expect National Steel to post ($0.20) EPS for the current fiscal year and $0.04 EPS for the next fiscal year.

National Steel Stock Down 0.5%

SID opened at $0.81 on Wednesday. The business’s 50-day simple moving average is $1.09 and its 200-day simple moving average is $1.23. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.79 and a current ratio of 1.15. National Steel has a one year low of $0.70 and a one year high of $2.20. The stock has a market capitalization of $1.08 billion, a P/E ratio of -2.39 and a beta of 1.75.

Analyst Upgrades and Downgrades

SID has been the subject of a number of research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of National Steel in a research report on Monday, September 14th. Zacks Research lowered National Steel from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 13th. Finally, Wall Street Zen cut National Steel from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Three analysts have rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Strong Sell” and a consensus target price of $1.40.

National Steel Company Profile

Companhia Siderúrgica Nacional (CSN), traded in the U.S. under the ticker SID, is a Brazilian industrial group best known for its steel operations. Founded in 1941, the company helped establish Brazil’s domestic steel industry and operates an integrated steelmaking business. CSN produces flat steel products used in sectors such as construction, automotive manufacturing, packaging and appliances. Its other businesses include iron ore mining, cement production, logistics and energy, supporting operations across the steel supply chain.