Ternium Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Ternium (NYSE:TX) Full Year 2024 Results

Key Financial Results

• Revenue: US$17.6b (flat on FY 2023).
• Net loss: US$54.0m (down by 108% from US$676.0m profit in FY 2023).
• US$0.28 loss per share (down from US$3.44 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ternium EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 73%.

The primary driver behind last 12 months revenue was the Steel Segment segment contributing a total revenue of US$17.2b (98% of total revenue). Notably, cost of sales worth US$14.8b amounted to 84% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$1.65b (56% of total expenses). Explore how TX's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Metals and Mining industry in the US.

Performance of the American Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Ternium that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.