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

• Ternium SA TX.N reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.84. The mean expectation of seven analysts for the quarter was for earnings of 63 cents per share. Wall Street expected results to range from 12 cents to $1.28 per share.

• Revenue fell 17.7% to $3.93 billion from a year ago; analysts expected $3.90 billion.

• Ternium SA's reported EPS for the quarter was 34 cents​.

• The company reported quarterly net income of $67 million.

• Ternium SA shares had fallen by 6.3% this quarter and gained 0.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 51.6% in the last three months.​

• In the last 30 days, two 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 1 "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 $35.00

This summary was machine generated from LSEG data April 29 at 10:27 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)