Gerdau (NYSE:GGB) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $0.11 by 209.09 percent. This is a 500 percent decrease over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $3.144 billion which missed the analyst consensus estimate of $3.250 billion by 3.26 percent. This is a 8.94 percent increase over sales of $2.886 billion the same period last year.