TEX Stock Recent News

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?

TEX expects sales to be between $5.0 billion and $5.2 billion for 2024, which include contribution from its recent ESG acquisition.

Evaluate Terex's (TEX) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

While the top- and bottom-line numbers for Terex (TEX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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.

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.

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 quarter 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.

TEX acquires Dover's Environmental Solutions Group, enhancing its presence in the waste & recycling segment.