Terex Q1 sales rise 41%, adjusted EPS beats

Terex

01/05/2026 12:08

Overview

U.S. specialized equipment maker's Q1 sales rose 41%, meeting analyst expectations

Adjusted EPS for Q1 was $0.98, beating analyst expectations

Company reaffirmed 2026 outlook, citing strong backlog and Specialty Vehicles integration

Outlook

Terex reaffirms 2026 sales outlook of $7.5 bln to $8.1 bln

Company sees 2026 EBITDA of $930 mln to $1 bln, with 12.4% margin at midpoint

Terex expects 2026 adjusted EPS of $4.50 to $5.00

Result Drivers

SPECIALTY VEHICLES INTEGRATION - Addition of Specialty Vehicles segment from REV Group contributed to sales and adjusted EBITDA growth

MATERIALS PROCESSING VOLUME AND PRICING - Higher shipment volumes and price realization in Materials Processing boosted segment results

TARIFFS AND PRODUCT MIX - Tariffs and unfavorable product mix negatively affected margins in Aerials and Environmental Solutions

Company press release: ID:nPn2CmnR3a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Meet
$1.70 bln
$1.70 bln (9 Analysts)
Q1 Adjusted EPS
Beat
$0.98
$0.77 (12 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 5 "hold" and 1 "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 $75.67, about 21.6% above its April 30 closing price of $62.20

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)