Ternium Announces Third Quarter and First Nine Months of 2022 Results
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Ternium SA (TX) Misses Q3 EPS
November 3, 2022 6:57 AM EDTTernium SA (NYSE: TX) reported Q3 EPS of $0.78, $1.35 worse than the analyst estimate of $2.13. Revenue for the quarter came in at $4.13 billion versus the consensus estimate of $4.2 billion.
GUIDANCE:
Ternium expects a lower adjusted EBITDA in the fourth quarter of 2022 compared to the third quarter, as a temporary mismatch between a decline in realized steel prices and high costs per ton should result in a... More
