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TX - Ternium GAAP EPS of $3.95 beats by $0.94 revenue of $4.3B misses by $10M
Ternium S.A. American Depositary Shares
Ternium press release (NYSE:TX): Q1 GAAP EPS of $3.95 beats by $0.94. Revenue of $4.3B (+32.3% Y/Y) misses by $10M. Outlook: Following strong performance during the first quarter of 2022, Ternium expects EBITDA to sequentially increase in the second quarter of the year as a result of higher EBITDA margin, primarily due to an increase in realized steel prices, together with further growth in shipments.