Investing.com - Ternium ADR reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ternium ADR announced earnings per share of $5.21 on revenue of $3.92B. Analysts polled by Investing.com anticipated EPS of $3.48 on revenue of $3.78B.
Ternium ADR shares are up 71.15% from the beginning of the year and are trading at $50.00 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Ternium ADR shares gained 0.46% in after-hours trade the report.
Ternium ADR follows other major Basic Materials sector earnings this month
Ternium ADR's report follows an earnings beat by LyondellBasell Industries on Friday, who reported EPS of $6.13 on revenue of $11.56B, compared to forecasts EPS of $5.43 on revenue of $10.96B.
POSCO had beat expectations on Thursday, July 22, 2021 with second quarter EPS of $4.5 on revenue of $15.91B, compared to forecast for EPS of $4.4 on revenue of $15.51B.
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