Investing.com - Ternium ADR reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ternium ADR announced earnings per share of $0.74 on revenue of $2.14B. Analysts polled by Investing.com anticipated EPS of $0.27 on revenue of $1.97B.
Ternium ADR shares are down 7.05% from the beginning of the year and are trading at $20.89 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Ternium ADR shares gained 2.15% 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 Sherwin-Williams on Tuesday, October 27, 2020, who reported EPS of $8.29 on revenue of $5.12B, compared to forecasts EPS of $7.79 on revenue of $5.07B.
Vale ADR had missed expectations on Wednesday, October 28, 2020 with third quarter EPS of $0.63 on revenue of $10.76B, compared to forecast for EPS of $0.64 on revenue of $10.81B.
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