Ternium GAAP EPS of $3.95 beats by $0.94, revenue of $4.3B misses by $10M (NYSE:TX)

Ternium press release (NYSE:TX): Q1 GAAP EPS of $3.95 beats by $0.94.Revenue of $4.3B (+32.3% Y/Y) misses by $10M.Outlook: Following strong performance during the first quarter of 2022, Ternium expects EBITDA to sequentially increase in the second quarter of the year as a result of higher EBITDA margin, primarily due to an increase in realized steel prices, together with further growth in shipments.