Ternium SA reports results for the quarter ended December 31 - Earnings Summary

• Ternium SA TX.N reported quarterly adjusted earnings of $1.43​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.11. The mean expectation of five analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 22 cents to $1.37 per share.

• Revenue fell 21.4% to $3.88 billion from a year ago; analysts expected $4.20 billion.

• Ternium SA's reported EPS for the quarter was $1.43​.

• The company reported quarterly net income of $281 million.

• Ternium SA shares had risen by 7.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 28.4% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the iron & steel peer group is also "buy"

Wall Street's median 12-month price target for Ternium SA is $39.50

This summary was machine generated from LSEG data February 19 at 05:16 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)