Here's Why You Should Retain Terex (TEX) in Your Portfolio

Upbeat FY24 Outlook: Terex expects earnings per share in the range of $6.95-$7.35 in 2024. The company reported adjusted earnings per share of $7.06 in 2023. Terex expects sales to be between$5.2 billion and $5.4 billion. The company reported sales of$5.15 billion in 2023. Backed by upbeat first-quarter results and its outlook for 2024, Terex's shares have gained 1.1% in the past month against the industry's 0.7% decline. Solid Backlog Levels to Support Revenues: The company has been delivering year-over- ...