Ternium (TX) Misses Q4 EPS by 6c, Offers Q1 Outlook
Ternium (NYSE: TX) reported Q4 EPS of $0.53, $0.06 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.22 billion.
Ternium expects a lower operating income in the first quarter 2012 compared to the fourth quarter 2011, mainly as a result of lower EBITDA per ton, primarily due to an increase in cost per ton, and relatively stable shipments. The company anticipates stronger shipments in Mexico in the first quarter 2012, as demand in the North America Region is improving, and seasonally weaker shipments in Argentina.
For earnings history and earnings-related data on Ternium (TX) click here.
Ternium expects a lower operating income in the first quarter 2012 compared to the fourth quarter 2011, mainly as a result of lower EBITDA per ton, primarily due to an increase in cost per ton, and relatively stable shipments. The company anticipates stronger shipments in Mexico in the first quarter 2012, as demand in the North America Region is improving, and seasonally weaker shipments in Argentina.
For earnings history and earnings-related data on Ternium (TX) click here.