National Steel (SID) Shares Dip as Q4 Earnings Miss Estimates
SIDCSN(SID) Zacks Investment Research·2024-03-15 00:16

Shares of National Steel (SID) fell 3% since it reported fourth-quarter 2024 results on Mar 6, delivering earnings per share (EPS) of 13 cents, which missed the Zacks Consensus Estimate of 19 cents. It reported an EPS of 3 cents in the prior-year quarter. Domestic revenues decreased 7.3% year over year to R5.48billion(5.48 billion (1.1 billion). The company’s international business revenues improved 25.1% year over year to R6.52billion(6.52 billion (1.31 billion). For the December 2023-end quarter, net revenues were R$12 billi ...