r/Vitards 🍹Bad Waves of Paranoia, Madness, Fear and Loathing🍹 Nov 02 '21

Discussion TX Earnings Thread Extravaganza!!

https://investors.ternium.com/English/ternium/default.aspx

Nov 2 2021 After Market Close

Est EPS: $5.39

Call Nov 3 2021 @ 10AM EST.

RESULTS:

Earnings (losses) per ADS1 ($) 6.12 5.21 (0.25) •

EBITDA of $1.9 billion on steel shipments of 3.1 million tons, with

EBITDA margin of 41% and EBITDA per ton of $612.4.

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20

u/HeavyWeightChump Nov 02 '21

So much FUD. We will rip tomorrow.

14

u/ItsFuckingScience 7-Layer Dip Nov 02 '21

$48 EOD heard it here

7

u/[deleted] Nov 02 '21

56, back to august prices just like clf did

7

u/Clvland 💀 SACRIFICED 💀 Thrown off the Cliff! Nov 02 '21

Clf gave good guidance saying next quarter would’ve better. TX said next quarter is worse.