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Terex (TEX) Reports Q4 Earnings: What Key Metrics Have to Say
TEXTerex (TEX) ZACKS·2025-02-06 15:36

Core Insights - Terex reported revenue of 1.24billionforthequarterendedDecember2024,reflectinga1.51.24 billion for the quarter ended December 2024, reflecting a 1.5% increase year-over-year and a surprise of +0.63% over the Zacks Consensus Estimate of 1.23 billion [1] - The earnings per share (EPS) for the quarter was 0.77,downfrom0.77, down from 1.41 in the same quarter last year, with an EPS surprise of +1.32% compared to the consensus estimate of 0.76[1]FinancialPerformanceMetricsNetsalesforAerialWorkPlatforms(AWP)were0.76 [1] Financial Performance Metrics - Net sales for Aerial Work Platforms (AWP) were 573 million, exceeding the average estimate of 547.92million,butshowingayearoveryeardeclineof13.2547.92 million, but showing a year-over-year decline of -13.2% [4] - Net sales for Materials Processing & Mining (MP) were 439 million, slightly below the average estimate of 450million,representingayearoveryeardecreaseof20.9450 million, representing a year-over-year decrease of -20.9% [4] - Net sales for Corporate and Other / Eliminations were reported at 1 million, significantly higher than the average estimate of 51.09million,indicatingayearoveryearchangeof+1240051.09 million, indicating a year-over-year change of +12400% [4] - Income from Operations for AWP was 18 million, compared to the average estimate of 20.54million[4]IncomefromOperationsforCorporateandOther/Eliminationswas20.54 million [4] - Income from Operations for Corporate and Other / Eliminations was -24 million, worse than the average estimate of -9.03million[4]IncomefromOperationsforMPwas9.03 million [4] - Income from Operations for MP was 47 million, below the average estimate of $63.21 million [4] Stock Performance - Terex shares have returned +6.8% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance relative to the broader market in the near term [3]