Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Posted by Trevor Kearing on Apr 24th, 2026

Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY – Get Free Report) issued its earnings results on Friday. The basic materials company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02), Zacks reports. Usinas Siderurgicas de Minas Gerais had a positive return on equity of 1.98% and a negative net margin of 12.13%.

Usinas Siderurgicas de Minas Gerais Stock Up 6.4%

USNZY stock traded up $0.09 during midday trading on Friday, reaching $1.48. 315,739 shares of the company were exchanged, compared to its average volume of 138,819. The company has a market cap of $812.96 million, a price-to-earnings ratio of -3.23 and a beta of 1.28. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.67 and a current ratio of 4.12. Usinas Siderurgicas de Minas Gerais has a 1-year low of $0.70 and a 1-year high of $1.50. The stock’s 50-day simple moving average is $1.29 and its 200 day simple moving average is $1.16.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Usinas Siderurgicas de Minas Gerais from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Usinas Siderurgicas de Minas Gerais currently has an average rating of “Strong Buy”.

Check Out Our Latest Stock Analysis on Usinas Siderurgicas de Minas Gerais

About Usinas Siderurgicas de Minas Gerais

(Get Free Report)

Usinas Siderúrgicas de Minas Gerais SA (OTCMKTS: USNZY), widely known as Usiminas, is one of Brazil’s leading integrated steel producers. The company operates across the full steel value chain, from iron ore mining to the manufacture and distribution of flat steel products. Its portfolio includes hot- and cold-rolled coils, coated sheets, tin plates, plates and tubular products, which serve a broad array of end markets such as construction, automotive, packaging, machinery and energy.

Founded in the mid-1950s through a partnership between Brazilian and international investors, Usiminas is headquartered in Belo Horizonte and maintains its principal steelmaking facilities in Ipatinga, Minas Gerais, as well as secondary operations in Cubatão (São Paulo) and Santa Cruz.