Terex Corp expected to post earnings of $1.66 a share - Earnings Preview

Terex

29/07/2023 24:15

* Terex Corp  TEX.N   TEX.SBX  is expected to show a rise in
quarterly revenue when it reports  results on August 1. 
    * The Norwalk Connecticut-based  company is expected to
report  a
17.8% increase in revenue to $1.269 billion from $1.08 billion a
year ago, according to the mean estimate from 13 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Terex Corp is for
earnings of $1.66 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Terex Corp
is
$64​, above​ its last closing price of $57.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.06        1.04       1.64      Beat    58.1
 Dec. 31 2023  1.13        1.13       1.34      Beat    19
 Sep. 30 2022  1.03        1.04       1.20      Beat    15.2​
 Jun. 30 2022  0.86        0.86       1.07      Beat    23.7
 ​​Mar.        0.45        0.46       0.74      Beat    59.4
 31 2022                                                
 Dec. 31 2021  0.55        0.55       0.82      Beat    48.8​
 Sep. 30 2021  0.72        0.72       0.67      Missed  -6.8
 Jun. 30 2021  0.58        0.60       1.02      Beat    71.2
 This summary was machine generated July 28 at 23:15 GMT.  All
figures in US dollars  unless otherwise stated