logo
Share SHARE
FONT-SIZE Plus   Neg

Ternium Posts Lower Q1 Profit - Quick Facts

Ternium S.A. (TX) posted first quarter profit attributable to equity holders of $159.6 million versus $204.7 million last year. Earnings per ADS rose to $0.81 from $0.53 in the same quarter a year ago.

On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.88 per share. Analysts' estimates typically exclude special items.

Net sales were up year-over-year to $2.18 billion. Analysts estimated revenues of $2.21 billion.

Ternium expects slightly higher operating income in the second quarter relative to its operating income in the first quarter 2012, mainly due to an increase in shipments, reflecting a gradual recovery of economic activity in the Americas, particularly in North America.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
They say there's plenty of fish in the sea, but very few of them are as wealthy as these tycoons. May be they have been so busy building their empires they never had the time to stick with a perfect partner to build their family. This list of the richest singles is assorted — from a 34 year-old... Anthony Levandowski, the head of Uber's self-driving division, is stepping away from his role as Uber continues a legal battle with Waymo, Levandowski's former employer. Levandowski, who founded startup Otto, became head of Uber's Advanced Technologies Group or ATG after Otto was acquired by Uber in August 2016. Southwest Airlines Co. has decided to end the practice of overbooking flights, the airline's CEO Gary Kelly said Thursday. The airline's plan to end overbooking could be implemented from May 8, according to a Southwest spokeswoman.
comments powered by Disqus
Follow RTT