Ternium Q3 2023 Earnings Report

Ternium EPS Results

• Actual EPS: $1.38
• Consensus EPS: $1.61
• Beat/Miss: Missed by -$0.23
• One Year Ago EPS: N/A

Ternium Revenue Results

• Actual Revenue: $5.19 billion
• Expected Revenue: $3.80 billion
• Beat/Miss: Beat by +$1.39 billion
• YoY Revenue Growth: N/A

Ternium Announcement Details

• Quarter: Q3 2023
• Date: 10/31/2023
• Time: N/A

Ternium (NYSE:TX), together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.