Recap: Ternium Q4 Earnings
Portfolio Pulse from Benzinga Insights
Ternium (NYSE:TX) reported Q4 earnings with an EPS of $2.11, surpassing the estimate of $1.01 by 108.91%. Revenue increased by $1.39 billion from the same period last year. Despite missing EPS estimates last quarter and experiencing a 2.96% share price drop the following day, Ternium has shown significant improvement in its latest earnings report.

February 20, 2024 | 9:45 pm
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Ternium reported a significant beat on Q4 earnings with an EPS of $2.11, greatly exceeding the estimate of $1.01. Revenue also saw a substantial year-over-year increase.
Ternium's significant outperformance in Q4 earnings, especially after a previous miss and subsequent share price drop, indicates a strong recovery and operational success. This substantial beat on both EPS and revenue expectations is likely to positively influence investor sentiment and potentially lead to a short-term increase in stock price, reflecting the company's improved financial health and growth trajectory.
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