Gerdau (NYSE:GGB) reported quarterly earnings of $0.10 per share which missed the analyst consensus estimate of $0.11 by 9.09 percent. This is a 16.67 percent decrease over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $3.301 billion which missed the analyst consensus estimate of $3.320 billion by 0.57 percent. This is a 5.33 percent increase over sales of $3.134 billion the same period last year.