Terex Corp expected to post earnings of $2.06 a share - Earnings Preview

Terex

26/07/2024 22:52

* Terex Corp  TEX.N   TEX.SBX  is expected to show a rise in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Norwalk Connecticut-based  company is expected to
report a
1.7% increase in revenue to $1.427 billion from $1.4 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Terex Corp is for
earnings of
$2.06 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"hold" and 2 "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
$64.00​, below​ its last closing price of $66.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.37        1.37       1.60      Beat    16.8
 Dec. 31 2024  1.40        1.39       1.86      Beat    33.6
 Sep. 30 2023  1.73        1.72       1.75      Beat    2​
 Jan. 1 0001   1.65        1.66       2.34      Beat    40.7
 ​​Jan.        1.06        1.04       1.64      Beat    58.1
 1 0001                                                 
 Dec. 31 2022  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
 This summary was machine generated July 26 at 21:52 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)