Terex Corp reports results for the quarter ended June 30 - Earnings Summary
Terex Corp reports results for the quarter ended June 30 - Earnings Summary
Terex Corp TEX.N reported quarterly adjusted earnings of $1.37 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.49. The mean expectation of thirteen analysts for the quarter was for earnings of $1.24 per share. Wall Street expected results to range from $1.16 to $1.35 per share.
Revenue rose 50.5% to $2.24 billion from a year ago; analysts expected $2.14 billion.
Terex Corp's reported EPS for the quarter was 96 cents.
The company reported quarterly net income of $110 million.
Terex Corp shares had fallen by 10.8% this quarter and gained 20.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.8% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy"
Wall Street's median 12-month price target for Terex Corp is $80.00, about 19.3% above its last closing price of $64.56
This summary was machine generated from LSEG data July 30 at 05:47 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.24 | 1.37 | Beat |
Mar. 31 2026 | 0.77 | 0.98 | Beat |
Dec. 31 2025 | 1.11 | 1.12 | Beat |
Sep. 30 2025 | 1.20 | 1.50 | Beat |
Recent news on Terex
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Terex Corp reports results for the quarter ended June 30 - Earnings Summary
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