Investing.com - Ternium ADR reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ternium ADR announced earnings per share of $3.07 on revenue of $3.25B. Analysts polled by Investing.com anticipated EPS of $2.52 on revenue of $3.22B.
Ternium ADR shares are up 41.23% from the beginning of the year, still down 1.56% from its 52 week high of $41.72 set on April 26. They are outperforming the EUR/USD which is down 0% from the start of the year.
Ternium ADR follows other major Basic Materials sector earnings this month
Ternium ADR's report follows an earnings beat by Vale ADR on Monday, who reported EPS of $1.14 on revenue of $12.65B, compared to forecasts EPS of $1.06 on revenue of $13.04B.
Sherwin-Williams had beat expectations on Tuesday with first quarter EPS of $2.06 on revenue of $4.66B, compared to forecast for EPS of $1.64 on revenue of $4.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar