Ternium SA reports results for the quarter ended September 30 - Earnings Summary

• Ternium SA TX reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of seven analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 55 cents to $1.12 per share.

• Revenue fell 11.7% to $3.96 billion from a year ago; analysts expected $4.05 billion.

• Ternium SA's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of $21 million.

• Ternium SA shares had risen by 7.9% this quarter and gained 28.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 27.8% 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 "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is "buy."

• Wall Street's median 12-month price target for Ternium SA is $34.50, about 9.8% below its last closing price of $37.87

This summary was machine generated from LSEG data October 28 at 09:41 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)