Gerdau SA (GDUA) Earnings Dates, Call Summary & Reports

Q: When does Gerdau (DE:GDUA) report earnings?

Gerdau (DE:GDUA) is schdueled to report earning on Apr 27, 2026, Before Open (Confirmed).

Q: What is Gerdau (DE:GDUA) earnings time?

Gerdau (DE:GDUA) earnings time is at Apr 27, 2026, Before Open (Confirmed).

Q: Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

Q: What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

Q: What is the P/E ratio of Gerdau stock?

The P/E ratio of {name} is N/A.

Q: What is DE:GDUA EPS forecast?

DE:GDUA EPS forecast for the fiscal quarter 2026 (Q1) is 0.08.

Compare

4 Followers

Earnings Data

Report Date

Apr 27, 2026

Before Open (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

0.08

Last Year’s EPS

0.06

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 2 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 23, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call conveyed a balanced message: strong operational and financial resilience in North America (record shipments, healthy order backlog, downstream growth), improved cash generation and a disciplined capital plan (CapEx reduction, buybacks, leverage ~0.76x). However, material challenges remain in Brazil—higher imports (+7.5% YoY), significant coal cost inflation (~>20%), low asset utilization and BRL 2 billion of noncash impairments—which drove year-on-year EBITDA and adjusted net income declines. Management expects gradual improvement tied to Miguel Burnier ramp-up and trade-defense measures but short-term margin pressure in Brazil is likely.

Company Guidance

Gerdau’s guidance and forward view: management set 2026 CapEx at BRL 4.7 billion (vs BRL 6.1 billion in 2025, a BRL 1.4 billion reduction) to boost free‑cash‑flow flexibility; 2025 reported EBITDA was BRL 10.1 billion (‑7% y/y) and adjusted net income was BRL 3.4 billion (‑21% y/y) after BRL 2.0 billion of non‑cash impairments; Q4 free cash flow was BRL 1.4 billion and 12‑month cash generation turned positive at BRL 394 million, enabling a year‑end leverage of 0.76x net debt/EBITDA; shareholder returns in 2025 totaled BRL 2.4 billion (dividends + buybacks) and a new buyback for ~2.9% of shares (~BRL 1.2 billion at recent prices) was launched; operationally North America delivered record shipments in Dec‑2025 with order backlog near 90 days and continued resilient demand, while Brazil saw steel imports +7.5% y/y in 2025, melt‑shop utilization under ~60% (mills operating <75%), and short‑term cost pressure from coal (up >20% Q4→Q1); management expects moderate Brazil demand in 2026, margin stability early in the year and a possible move to double‑digit Brazil EBITDA margin in H2‑2026 if Miguel Burnier ramps as planned and trade‑defense measures (HRC antidumping/tariff) hold.

Strong North America Operating Performance and Demand

North America reported resilient demand, robust operating performance and order backlogs above historical averages (around ~90 days). The region delivered record shipments in December 2025 and materially contributed to consolidated results.

EBITDA and Adjusted Cash Performance (Group Level)

Despite headwinds, Gerdau ended 2025 with EBITDA of BRL 10.1 billion and generated strong free cash flow in Q4 of BRL 1.4 billion; the last-12-month free cash flow turned positive at BRL 394 million (from negative previously).

Improved Capital Allocation and Lower 2026 CapEx Guidance

2025 CapEx was BRL 6.1 billion. Guidance for 2026 CapEx is BRL 4.7 billion, a reduction of BRL 1.4 billion (~23% lower versus 2025), intended to provide greater free cash flow flexibility.

Strong Balance Sheet and Leverage

Net debt / EBITDA leverage ended the year at a conservative 0.76x, described by management as an extremely sound level for the business.

Shareholder Returns and Buyback Program

Throughout 2025 the company returned BRL 2.4 billion via dividends and buybacks. Management launched a new buyback program for ~2.9% of outstanding shares (approx. BRL 1.2 billion based on recent trading levels).

Progress on Miguel Burnier Mining Platform

The new sustainable mining platform in Miguel Burnier (Ouro Preto) is near operation and is expected to contribute to a significant reduction in production costs at the Ouro Branco unit once ramped up.

Operational Improvements and Value-Added Growth in North America

Expansion of downstream/high-value lines in North America (e.g., Midlothian treatments, solar piles) supported a 39% increase in downstream product activity year-over-year, emphasizing growth in higher-margin, less import-exposed products.

Deliberate Capital Discipline and M&A Readiness

Management emphasized disciplined capital allocation, prioritizing competitiveness and cost reductions; balance sheet strength positions the company to consider selective M&A or asset monetizations if they unlock value.

Gerdau SA (DE:GDUA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:GDUA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 27, 2026	2026 (Q1)	0.08 / -	0.056	―	―	―
Feb 23, 2026	2025 (Q4)	0.06 / -0.11	0.022	-592.31% (-0.13)
Oct 31, 2025	2025 (Q3)	0.10 / 0.09	0.096	-10.71% (-0.01)
Aug 01, 2025	2025 (Q2)	0.07 / 0.07	0.062	5.56% (<+0.01)
Apr 28, 2025	2025 (Q1)	0.07 / 0.06	0.183	-69.16% (-0.13)
Feb 19, 2025	2024 (Q4)	0.05 / 0.02	0.048	-53.57% (-0.03)
Nov 05, 2024	2024 (Q3)	0.10 / 0.10	0.132	-27.27% (-0.04)
Jul 31, 2024	2024 (Q2)	0.07 / 0.06	0.18	-65.71% (-0.12)
May 02, 2024	2024 (Q1)	0.09 / 0.18	0.267	-31.41% (-0.08)
Feb 20, 2024	2023 (Q4)	0.08 / 0.05	0.105	-54.47% (-0.06)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:GDUA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 23, 2026	€3.50	€3.50	0.00%
Oct 31, 2025	€2.94	€2.92	-0.68%
Aug 01, 2025	€2.47	€2.45	-0.77%
Apr 28, 2025	€2.26	€2.28	+0.89%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Gerdau (DE:GDUA) report earnings?

Gerdau (DE:GDUA) is schdueled to report earning on Apr 27, 2026, Before Open (Confirmed).

What is Gerdau (DE:GDUA) earnings time?

Gerdau (DE:GDUA) earnings time is at Apr 27, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Gerdau stock?

The P/E ratio of Gerdau SA is N/A.

What is DE:GDUA EPS forecast?

DE:GDUA EPS forecast for the fiscal quarter 2026 (Q1) is 0.08.