Ternium (TX) reported Q4 adjusted loss late Tuesday of $0.42 per American depositary share, compared with $2.11 profit a year earlier.
Sales in the quarter ended Dec. 31 were $3.88 billion, down from $4.93 billion a year earlier.
Analysts surveyed by FactSet expected $4.19 billion.
The company said its board proposed an annual dividend of $2.70 per ADS, including interim dividend of $0.90 per ADS paid in Q4. If approved, a dividend of $1.80 per ADS will be paid on May 14 to shareholders of record on May 9.
Shares of Ternium were down more than 4% in after-hours activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.