Ternium SA (TX) Tops Q1 EPS by 94c, Beats on Revenues
Ternium SA (NYSE: TX) reported Q1 EPS of $1.87, $0.94 better than the analyst estimate of $0.93. Revenue for the quarter came in at $2.96 billion versus the consensus estimate of $2.54 billion.
- EBITDA of USD665.1 million in the first quarter 2018, 32% higher sequentially, with higher EBITDA per ton and slightly higher shipments.
- Earnings per ADS of USD1.87 in the first quarter 2018, a sequential increase of USD0.95 per ADS.
- Capital expenditures of USD102.4 million in the first quarter 2018, compared to USD126.5 million in the fourth quarter 2017.
- Net debt position of USD2.6 billion at the end of March 2018, down from USD2.7 billion at the end of December 2017 and equivalent to 1.2 times net debt to EBITDA.
For earnings history and earnings-related data on Ternium SA (TX) click here.
