Ternium (NYSE:TX) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Ternium beat estimated earnings by 108.91%, reporting an EPS of $2.11 versus an estimate of $1.01.
Revenue was up $1.39 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 2.96% drop in the share price the next day.
Here’s a look at Ternium’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.56 | 1.96 | 0.94 | 0.29 |
| EPS Actual | 1.38 | 3.19 | 1.91 | 0.20 |
| Revenue Estimate | 3.79B | 3.88B | 3.66B | 3.78B |
| Revenue Actual | 5.18B | 3.87B | 3.62B | 3.55B |
To track all earnings releases for Ternium visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
