Companhia Siderurgica Nacional SA SID.N reported a quarterly adjusted loss of 56 centavos per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -12 cents. The lone analyst forecast for the quarter was for earnings of R$1.16 per share.
Revenue fell 0.5% to $11.07 billion from a year ago.
Companhia Siderurgica Nacional SA's reported EPS for the quarter was a loss of 56 cents.
The company reported a quarterly loss of R$750.87 million.
Companhia Siderurgica Nacional SA shares had fallen by 18.4% this quarter and lost 50.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 222.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the iron & steel peer group is also "hold"
Wall Street's median 12-month price target for Companhia Siderurgica Nacional SA is $3.00
This summary was machine generated from LSEG data November 13 at 08:22 p.m. UTC. All figures in Brazilian reais unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jan. 1 0001 | 1.16 | -0.56 | Missed |
Jun. 30 2024 | 0.32 | -0.17 | Missed |
Mar. 31 2024 | -0.36 | ||
Dec. 31 2023 | 0.43 |
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