Terex Corp expected to post earnings of $1.72 a share - Earnings Preview

Terex

24/10/2023 21:19

* Terex Corp  TEX.N   TEX.SBX  is expected to show a rise in
quarterly revenue when it reports  results on October 26. 
    * The Norwalk Connecticut-based  company is expected to
report  a
12.7% increase in revenue to $1.263 billion from $1.12 billion a
year ago, according to the mean estimate from 12 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Terex Corp is for
earnings of $1.72 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 8
"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
$65.5​, above​ its last closing price of $47.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.65        1.66       2.34      Beat    40.7
 Mar. 31 2023  1.06        1.04       1.64      Beat    58.1
 Dec. 31 2022  1.13        1.13       1.34      Beat    19​
 Sep. 30 2022  1.03        1.04       1.20      Beat    15.2
 ​​Jun.        0.86        0.86       1.07      Beat    23.7
 30 2022                                                
 Mar. 31 2022  0.45        0.46       0.74      Beat    59.4​
 Dec. 31 2021  0.55        0.55       0.82      Beat    48.8
 Sep. 30 2021  0.72        0.72       0.67      Missed  -6.8
 This summary was machine generated October 24 at 20:19 GMT.  All
figures in US dollars  unless otherwise stated