Ternium (NYSE:TX) reported quarterly earnings of $0.85 per share which beat the analyst consensus estimate of $0.81 by 4.42 percent. This is a 431.25 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $3.955 billion which missed the analyst consensus estimate of $4.047 billion by 2.29 percent. This is a 11.72 percent decrease over sales of $4.480 billion the same period last year. Adjusted EPS excludes $405 million non-cash charge in connection with a write-down of deferred tax assets at Usiminas and a $32 millionloss stemming from the quarterly update of the value of a provision for ongoing litigation related to the acquisition of a participation in Usiminas.