TEX Stock Recent News

Examine Terex's (TEX) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

TEX sees year-over-year declines in Q4 and 2024 earnings due to low volumes. Its guidance for 2025 of $4.70 - $5.10 suggests a 20% decline at the midpoint.

NORWALK, Conn. , Feb. 6, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share.

Terex Corporation (NYSE:TEX ) Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Derek Everitt – Vice President-Investor Relations Simon Meester – President and Chief Executive Officer Julie Beck – Senior Vice President and Chief Financial Officer Conference Call Participants Jerry Revich – Goldman Sachs Steven Fisher – UBS Tami Zakaria – JP Morgan Steve Volkmann – Jefferies Jamie Cook – Truist David Raso – Evercore ISI Mig Dobre – Baird Kyle Menges – Citigroup Tim Thein – Raymond James Operator Greetings, and welcome to the Terex Fourth Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

The headline numbers for Terex (TEX) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Terex (TEX) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.41 per share a year ago.

Full-year sales of $5.1 billion Full-year operating margins of 10.3%; adjusted1 11.3% Full-year EPS of $4.96; adjusted1 $6.11 Strong Q4 2024 contribution from ESG with adjusted1 operating margins of 21.9% Declares quarterly cash dividend of $0.17 per share NORWALK, Conn. , Feb. 6, 2025 /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 fourth quarter and full-year 2024.

Terex (TEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Terex (TEX) reported earnings 30 days ago. What's next for the stock?