Terex Corp reports results for the quarter ended in September - Earnings Summary

Terex

27/10/2022 22:42

* Terex Corp  TEX.N  reported quarterly adjusted earnings of
$1.20​​ per share for the quarter ended in September. The mean
expectation of sixteen analysts for the quarter was for earnings
of $1.04 per share.
    * Revenue rose 12.7% to $1.12 billion from a year ago;
analysts
expected $1.07 billion. 
    * Terex Corp's reported EPS for the quarter was $1.20​.
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Terex Corp shares had risen by 19.4% this quarter and
lost 19.2%
so far this year.
    * The company reported quarterly net income of $81.8
million.
    * Wall Street's median 12-month price target for Terex Corp
is
$43.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
27 at 09:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.04           1.20           Beat
 Jun. 30 2022      0.86           1.07           Beat
 Mar. 31 2022      0.46           0.74           Beat
 Dec. 31 2021      0.55           0.82           Beat