Terex Q3 sales rise growth less than expected; keeps FY profit view

Terex

30/10/2025 11:23

Overview

Terex Q3 2025 sales rose 14.4% yr/yr to $1.4 bln, missing analyst expectations

Adjusted EPS for Q3 2025 was $1.50, exceeding prior year's adjusted EPS

Terex maintains full-year adjusted EPS outlook despite tariff challenges

Outlook

Terex maintains full-year adjusted EPS outlook of $4.70 to $5.10

Company expects full-year net sales between $5.3 bln and $5.5 bln

Terex anticipates higher Q4 tariff-related costs due to expanded tariffs

Result Drivers

ENVIRONMENTAL SOLUTIONS GROWTH - Strong growth in Environmental Solutions driven by refuse collection vehicles

AERIALS DECLINE - Aerials segment faced lower sales due to reduced capex by rental customers

MATERIALS PROCESSING CHALLENGES - Materials Processing faced lower demand in North America concrete business

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$1.40 bln
$1.41 bln (9 Analysts)
Q3 Income From Operations
$140 mln
Q3 Operating Income Margin
10.10%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "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 $55.00, about 1.8% below its October 29 closing price of $55.98

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn1JDLFFa

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(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.)