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NORWALK, Conn. , Aug. 28, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Jefferies Industrials Conference.
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Terex Corporation is favored by super-investors like Alex Roepers and Greenhaven Associates, with a "Hold" rating due to high ROIC and fair valuation. Terex operates in M&A, with segments in Material Processing and Aeriel Work Platform, showing diversification and profitability with a good track record. The company's balance sheet is strong with low debt and tangible assets, while valuation indicates potential undervaluation but lacks a margin of safety due to competition risks.
Terex (TEX) expects sales between $5.1 billion and $5.3 billion for 2024 compared with the earlier stated $5.2-$5.4 billion.
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Evaluate Terex's (TEX) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Terex Corporation (NYSE:TEX ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Jon Paterson - VP and Treasurer Simon Meester - President and CEO Julie Beck - SVP and CFO Conference Call Participants Stanley Elliott - Stifel Jamie Cook - Truist Securities David Raso - Evercore ISI Jerry Revich - Goldman Sachs Tami Zakaria - JPMorgan Angel Castillo - Morgan Stanley Steve Barger - KeyBanc Capital Markets Operator Greetings, and welcome to the Terex Second 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 June 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 $2.16 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.35 per share a year ago.