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Terex Corp reports results for the quarter ended June 30 - Earnings Summary

Terex Corp TEX.N reported quarterly adjusted earnings of $1.49​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.16.  The mean expectation of twelve analysts for the quarter was for earnings of $1.40 per share. Wall Street expected results to range from $1.30  to $1.51 per share.

Revenue rose 7.6% to $1.49 billion from a year ago; analysts expected $1.44 billion.

Terex Corp's reported EPS for the quarter was $1.09​.

The company reported quarterly net income of $72 million.

Terex Corp shares had risen by 6.6% this quarter and gained 7.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is  "buy."

Wall Street's median 12-month price target for Terex Corp is $52.00, about 4.3% above its last closing price of $49.79

This summary was machine generated from LSEG data July 31 at 01:32 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.401.49Beat
Mar. 31 20250.490.83Beat
Dec. 31 20240.72-0.03Missed
Sep. 30 20241.311.31Met

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