Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY – Get Free Report) is expected to release its results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $1.23 billion for the quarter.
Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. Usinas Siderurgicas de Minas Gerais had a negative net margin of 8.87% and a positive return on equity of 5.49%. The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.20 billion. On average, analysts expect Usinas Siderurgicas de Minas Gerais to post $0.28 EPS for the current fiscal year and $0.19 EPS for the next fiscal year.
Usinas Siderurgicas de Minas Gerais Price Performance
USNZY stock opened at $1.06 on Thursday. The firm has a 50 day moving average of $1.40 and a 200-day moving average of $1.48. The firm has a market capitalization of $580.69 million, a P/E ratio of -3.12, a price-to-earnings-growth ratio of 0.13 and a beta of 1.44. Usinas Siderurgicas de Minas Gerais has a 12 month low of $0.89 and a 12 month high of $2.35. The company has a current ratio of 4.44, a quick ratio of 2.87 and a debt-to-equity ratio of 0.26.
Usinas Siderurgicas de Minas Gerais Company Profile
Usinas Siderúrgicas de Minas Gerais SA (Usiminas) is a Brazilian steelmaker focused on the production and sale of flat steel products. Its portfolio includes hot-rolled, cold-rolled, galvanized and heavy plate steel used in industries such as automotive manufacturing, construction, machinery, energy and industrial equipment.
Founded in 1956, Usiminas operates steelmaking facilities in Ipatinga, Minas Gerais, and Cubatão, São Paulo. The company also maintains activities related to iron ore mining, logistics, steel processing and the distribution of steel products, supporting its operations from raw materials through delivery to industrial customers.
Usiminas primarily serves the Brazilian market while also supplying customers in international markets.
Read More
- Five stocks we like better than Usinas Siderurgicas de Minas Gerais
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for Usinas Siderurgicas de Minas Gerais Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Usinas Siderurgicas de Minas Gerais and related companies with MarketBeat.com's FREE daily email newsletter.
