Gerdau (NYSE:GGB) reported quarterly earnings of $0.10 per share which missed the analyst consensus estimate of $0.15 by 33.33 percent. This is a 66.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $3.175 billion which missed the analyst consensus estimate of $3.400 billion by 6.62 percent. This is a 7.01 percent increase over sales of $2.967 billion the same period last year.