Terex Corp reports results for the quarter ended in September 30 - Earnings Summary
Terex Corp TEX.N reported quarterly adjusted earnings of $1.31 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.75. The mean expectation of thirteen analysts for the quarter was for earnings of $1.31 per share. Wall Street expected results to range from 99 cents to $1.92 per share.
Revenue fell 6.1% to $1.21 billion from a year ago; analysts expected $1.16 billion.
Terex Corp's reported EPS for the quarter was $1.31.
The company reported quarterly net income of $88 million.
Terex Corp shares had risen by 2.6% this quarter and lost 5.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 32.7% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."
The average consensus recommendation for the heavy machinery & vehicles peer group is also "hold"
Wall Street's median 12-month price target for Terex Corp is 60.00
This summary was machine generated from LSEG data October 30 at 03:17 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 1.31 | 1.31 | Met |
Jun. 30 2024 | 2.06 | 2.16 | Beat |
Mar. 31 2024 | 1.37 | 1.60 | Beat |
Dec. 31 2023 | 1.39 | 1.86 | Beat |
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