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

Companhia Siderúrgica Nacional (NYSE:SID - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data 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 released its quarterly earnings data on Wednesday, March 12th. The basic materials company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.09) by $0.01. Companhia Siderúrgica Nacional had a negative return on equity of 5.79% and a negative net margin of 2.37%. The firm had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $11.85 billion. 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 Trading Up 2.4 %

NYSE:SID traded up $0.04 on Friday, reaching $1.71. The company's stock had a trading volume of 3,127,918 shares, compared to its average volume of 2,071,892. Companhia Siderúrgica Nacional has a 12-month low of $1.27 and a 12-month high of $2.86. The stock has a 50 day moving average price of $1.58 and a 200 day moving average price of $1.67. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of -11.40 and a beta of 1.83. The company has a quick ratio of 0.93, a current ratio of 1.34 and a debt-to-equity ratio of 2.77.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SID shares. StockNews.com raised shares of Companhia Siderúrgica Nacional from a "hold" rating to a "buy" rating in a research note on Tuesday, April 29th. UBS Group started coverage on shares of Companhia Siderúrgica Nacional in a research report on Wednesday, March 12th. They set 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.