Investing.com - Ternium ADR reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ternium ADR announced earnings per share of $4.07 on revenue of $4.44B. Analysts polled by Investing.com anticipated EPS of $3.64 on revenue of $4.56B.
Ternium ADR shares are down 26.12% from the beginning of the year, still down 38.96% from its 52 week high of $56.86 set on August 11, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Ternium ADR shares lost 0.06% in after-hours trade following the report.
Ternium ADR follows other major Materials sector earnings this month
Ternium ADR's report follows an earnings matched by Air Liquide ADR on Thursday, who reported EPS of $0.5406 on revenue of $7.43B, compared to forecasts EPS of $0.5406 on revenue of $7.32B.
Sherwin-Williams had missed expectations on July 27 with second quarter EPS of $2.41 on revenue of $5.87B, compared to forecast for EPS of $2.77 on revenue of $6.03B.
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