InvestorsHub Logo
Followers 194
Posts 46975
Boards Moderated 1
Alias Born 11/09/2004

Re: None

Thursday, 11/05/2009 9:26:37 AM

Thursday, November 05, 2009 9:26:37 AM

Post# of 241
Q3 Adj EPS 8c vs 75c Beats (4c) Est

Thursday , November 05, 2009 09:05ET

QUARTER RESULTS
Gerdau Ameristeel Corp (GNA) reported Q3 results ended September 2009. Q3 Revenues were $1,146.13M; -54.42% vs yr-ago; BEATING revenue consensus by +8.16%. Q3 EPS was (6c). Adjusted Q3 EPS was 8c; -89.33% vs yr-ago; BEATING earnings consensus by +300.00%.

Q3 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $1,146.13M $2,514.41M -54.42% $1,059.68M +8.16%
---------- ------------ ------------ ---------- ------------ ----------
EPS: (6c) N/A N/A N/A N/A
Adj EPS: 8c 75c -89.33% (4c) +300.00%
---------- ------------ ------------ ---------- ------------ ----------




"It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness;

-- Charles Dickens