| 2018-10-30 16:56:51|
TX 16:56 10/30 10/30/18
Ternium reports Q3 EPS $2.49, may not compare to consensus $1.53
Reports Q3 revenue $2.9B, consensus $3.06B. EBITDA in the third quarter 2018 was $831.7M, or 28.6% of net sales, compared to $466.1 million, or 18.4% of net sales, in the third quarter 2017. Ternium expects EBITDA to remain healthy in the fourth quarter 2018, although lower than the record level reported in the third quarter of the year. The company anticipates a slight sequential decrease of steel shipments in a seasonally weak quarter, including a reduction of slab sales to third parties mainly due to lower shipments to the United States and higher internal sales. .