Companhia Siderúrgica Nacional (SID) Projected to Post Quarterly Earnings on Thursday

Companhia Siderúrgica Nacional (NYSE:SID - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $10.83 billion for the quarter.

Companhia Siderúrgica Nacional (NYSE:SID - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The basic materials company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.01. The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $11.85 billion. Companhia Siderúrgica Nacional had a negative return on equity of 5.79% and a negative net margin of 2.37%. On average, analysts expect Companhia Siderúrgica Nacional to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Companhia Siderúrgica Nacional Stock Up 0.3 %

Companhia Siderúrgica Nacional stock traded up $0.01 during mid-day trading on Tuesday, reaching $1.67. The stock had a trading volume of 1,568,901 shares, compared to its average volume of 2,071,254. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of -11.10 and a beta of 1.83. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.34 and a quick ratio of 0.93. Companhia Siderúrgica Nacional has a one year low of $1.27 and a one year high of $2.86. The company has a 50-day moving average price of $1.59 and a two-hundred day moving average price of $1.66.

Wall Street Analyst Weigh In

SID has been the subject of several analyst reports. StockNews.com raised shares of Companhia Siderúrgica Nacional from a "hold" rating to a "buy" rating in a research report on Tuesday, April 29th. UBS Group initiated coverage on Companhia Siderúrgica Nacional in a report on Wednesday, March 12th. They issued a "sell" rating and a $1.30 price objective for the company.

Companhia Siderúrgica Nacional Company Profile

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as hot and cold rolled, galvanized, galvalume, pre-painted, and metal sheets products; coil, sheets, and derivatives; tiles and derivatives, pipes, and profiles; long steel products; steel packaging solutions for the food industry; chemical packaging solution; and carbochemical products.