TEX Stock Recent News
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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.
NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ --Terex Corporation ("Terex") (NYSE:TEX) today announced that it has priced its previously announced private offering (the "Private Offering") of $750 million in aggregate principal amount of 6.250% senior notes due 2032 (the "Notes") at par.
NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ -- Terex Corporation ("Terex") (NYSE:TEX) today announced that it intends to offer, subject to market and other conditions, $750 million in aggregate principal amount of senior notes due 2032 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
TEX lowers its 2024 guidance, with the midpoint of the new range indicating a sales and earnings per share decline of 4% and 15%, respectively, year over year.
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TEX moves closer to acquiring Dover's Environmental Solutions Group with the expiration of the 30-day waiting period under the HSR Act.
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