Terex (TEX)

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Terex Share Price Decreases 4% Despite Reporting Earnings Beat in Q3
ZACKS· 2024-11-06 15:55
Shares of Terex Corporation (TEX) have lost 4% since it reported third-quarter 2024 results on Oct. 30, 2024, despite an earnings beat. Investors seem to be worried about the year-over-year declines in its top and bottom lines, reflecting lower end-market demand in Europe. TEX reported adjusted earnings per share of $1.46, which beat the Zacks Consensus Estimate of $1.27. The bottom line fell 17% from the prior-year quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Terex’s Reven ...
Terex (TEX) Reliance on International Sales: What Investors Need to Know
ZACKS· 2024-11-06 15:15
Have you assessed how the international operations of Terex (TEX) performed in the quarter ended September 2024? For this machinery products maker, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must under ...
Terex (TEX) - 2024 Q3 - Quarterly Results
2024-11-01 18:39
TEREX。 Terex Reports Third Quarter 2024 Results 1 • Sales of $1.2 billion and operating margin of 10.1% and 10.5% as adjusted • EPS of $1.31 and adjusted EPS of $1.46 • Return on invested capital of 23.7% • Full-year adjusted EPS outlook of $5.85 to $6.25 1 1 Norwalk, CT, October 30, 2024 -- Terex Corporation (NYSE: TEX), a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industr ...
Terex (TEX) - 2024 Q3 - Quarterly Report
2024-10-30 15:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 Terex Corporation (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 301 Merritt ...
Terex (TEX) - 2024 Q3 - Earnings Call Presentation
2024-10-30 14:44
TEREX. Q3 2024 Earnings Conference Call ITEREY October 30, 2024 E X E C U T E • I N N O V A T E • G R O W Forward Looking Statements 2 Certain information in this presentation includes forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act") and the Private Securities Litigation Reform Act of 1995) regarding future events or our future financial performance that involve certain contingencies and uncer ...
Compared to Estimates, Terex (TEX) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-30 14:35
Terex (TEX) reported $1.21 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 6.1%. EPS of $1.46 for the same period compares to $1.75 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.14 billion, representing a surprise of +6.12%. The company delivered an EPS surprise of +14.96%, with the consensus EPS estimate being $1.27.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...
Terex (TEX) - 2024 Q3 - Earnings Call Transcript
2024-10-30 14:31
Terex Corporation (NYSE:TEX) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Derek Everitt - VP, IR Simon Meester - President & CEO Julie Beck - SVP & CFO Conference Call Participants Clay Nelson - Goldman Sachs Brendan Shea - Morgan Stanley Steve Barger - KeyBanc Capital Markets Operator Greetings, and welcome to the Terex Third Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow th ...
Terex (TEX) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-10-30 13:25
Terex (TEX) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 14.96%. A quarter ago, it was expected that this machinery products maker would post earnings of $2.03 per share when it actually produced earnings of $2.16, delivering a surprise of 6.40%. Over the last four quarters, the co ...
Terex Reports Third Quarter 2024 Results
Prnewswire· 2024-10-30 11:05
Sales of $1.2 billion and operating margin of 10.1% and 10.5% as adjusted1 EPS of $1.31 and adjusted1 EPS of $1.46 Return on invested capital of 23.7% Full-year adjusted1 EPS outlook of $5.85 to $6.25 NORWALK, Conn., Oct. 30, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX), a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry, today announced its results for the third q ...
Earnings Preview: Terex (TEX) Q3 Earnings Expected to Decline
ZACKS· 2024-10-23 15:08
Terex (TEX) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 30. On t ...