National Steel (SID) Projected to Post Quarterly Earnings on Thursday

National Steel (NYSE:SID) will likely be releasing its Q3 2026 results after the market closes on Thursday, November 12th. Analysts expect National Steel to announce earnings of ($0.04) per share and revenue of $1.90 billion for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, November 13, 2026 at 9:30 AM ET.

National Steel (NYSE:SID) last announced its quarterly earnings results on Thursday, August 13th. The basic materials company reported ($0.12) EPS for the quarter, hitting the consensus estimate of ($0.12). National Steel had a negative net margin of 5.26% and a negative return on equity of 14.90%. The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.13 billion. On average, analysts expect National Steel to post ($0.20) EPS for the current fiscal year and $0.04 EPS for the next fiscal year.

National Steel Stock Down 3.7%

SID opened at $0.82 on Tuesday. The firm has a 50-day simple moving average of $1.09 and a two-hundred day simple moving average of $1.23. National Steel has a 52 week low of $0.70 and a 52 week high of $2.20. The company has a market capitalization of $1.09 billion, a PE ratio of -2.41 and a beta of 1.75. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 2.96.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on SID shares. Wall Street Zen cut National Steel from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. Zacks Research lowered National Steel from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 13th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of National Steel in a report on Monday, September 14th. Three research analysts have rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Strong Sell” and an average price target of $1.40.

About National Steel

Companhia Siderúrgica Nacional (CSN), traded in the U.S. under the ticker SID, is a Brazilian industrial group best known for its steel operations. Founded in 1941, the company helped establish Brazil’s domestic steel industry and operates an integrated steelmaking business.

CSN produces flat steel products used in sectors such as construction, automotive manufacturing, packaging and appliances. Its other businesses include iron ore mining, cement production, logistics and energy, supporting operations across the steel supply chain.

The company is headquartered in Brazil and primarily serves customers in Brazil and other international markets.