Ternium Expects Q4 Adjusted EBITDA To Decrease Compared To Q3, With Lower Adjusted EBITDA Margin Partially Offset By Slightly Higher Steel Shipments
Portfolio Pulse from Benzinga Newsdesk
Ternium (TX) expects its Q4 adjusted EBITDA to decrease compared to Q3, with a lower adjusted EBITDA margin partially offset by slightly higher steel shipments.
October 31, 2023 | 8:30 pm
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NEGATIVE IMPACT
Ternium's Q4 adjusted EBITDA is expected to decrease compared to Q3, despite slightly higher steel shipments.
Ternium's announcement of a decrease in Q4 adjusted EBITDA compared to Q3, despite slightly higher steel shipments, could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100