Gerdau Parent Seiva Reports Q3 Net Profit of R$ 33.5 Million
Bitget2026/10/26 22:17- Seiva, parent of Gerdau, posted third-quarter 2026 net income of R$ 33.5 million, or R$ 1.76 per share.
- Equity-method earnings from Gerdau Internacional Empreendimentos totaled R$ 33.4 million, the main source of operating results.
- The investment stood at R$ 571.9 million on September 30; Seiva's shareholders' equity totaled R$ 571.1 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Cloud Sector Faces a Key Moment: CoreWeave (CRWV.US) Set to Announce Earnings, Wells Fargo Remains Bullish
CoreWeave (CRWV.US) will release its third-quarter financial report after the U.S. stock market closes on Tuesday. This is seen as a key test for the strength of the new AI cloud sector.
JPMorgan raises target prices for Target and Walmart
Orient Precision Industries Holds Extraordinary Shareholders Meeting
Citi optimistic about international oil companies: low-cost resource reserves being rebuilt may drive energy sector to reverse a decade-long valuation discount
With oil prices in the mid-$70s range, Citi believes that global international oil companies (IOCs) can deliver a free cash flow yield of 7% to 8%, and achieve a real growth rate of 4% to 5% over a period of time.
Crypto prices
More
