Earnings call transcript: Acerinox Q3 2026 misses estimates as shares fall

Acerinox reported Q3 2026 earnings that missed Wall Street expectations, with adjusted earnings per share falling to $0.3534, short of the $0.3621 forecast. Despite this, the company's operating performance improved, with EBITDA reaching its highest level in 13 quarters at EUR 199 million, up 13% from the previous quarter. The company's North American stainless steel business remained the main profit engine, while Europe showed signs of improvement, nearing break-even. The earnings miss was modest, but it led to a 4.54% drop in the company's stock price.

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