Have you assessed how the international operations of Terex (TEX) performed in the quarter ended September 2024? For this machinery products maker, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must under ...

Terex (TEX) reported $1.21 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 6.1%. EPS of $1.46 for the same period compares to $1.75 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.14 billion, representing a surprise of +6.12%. The company delivered an EPS surprise of +14.96%, with the consensus EPS estimate being $1.27.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

Terex (TEX) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 14.96%. A quarter ago, it was expected that this machinery products maker would post earnings of $2.03 per share when it actually produced earnings of $2.16, delivering a surprise of 6.40%. Over the last four quarters, the co ...

Sales of $1.2 billion and operating margin of 10.1% and 10.5% as adjusted1 EPS of $1.31 and adjusted1 EPS of $1.46 Return on invested capital of 23.7% Full-year adjusted1 EPS outlook of $5.85 to $6.25 NORWALK, Conn., Oct. 30, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX), a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry, today announced its results for the third q ...

Terex (TEX) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 30. On t ...

Terex Corporation (TEX) has completed the previously announced acquisition of Dover Corpration's (DOV) Environmental Solutions Group ("ESG"). This adds a market leader in waste and recycling to its portfolio. It will also enhance its financial profile, including revenues, free cash flow, EBITDA margin and earnings per share. Background of the Terex-Dover Deal On July 22, 2024, TEX and Dover announced that they had inked a deal per which Terex would acquire the latter's ESG Group in a $2 billion all-cash tra ...

NORWALK, Conn., Sept. 30, 2024 /PRNewswire/ --Terex Corporation ("Terex") (NYSE:TEX) today announced that it has priced its previously announced private offering (the "Private Offering") of $750 million in aggregate principal amount of 6.250% senior notes due 2032 (the "Notes") at par. Terex intends to use the proceeds from the Private Offering, together with the new term loan borrowings described below and cash on hand, to consummate Terex's previously announced acquisition (the "Acquisition") of the subsi ...

NORWALK, Conn., Sept. 30, 2024 /PRNewswire/ -- Terex Corporation ("Terex") (NYSE:TEX) today announced that it intends to offer, subject to market and other conditions, $750 million in aggregate principal amount of senior notes due 2032 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Terex intends to use the proceeds from the Private Offering, together with the new term loan borrow ...

Shares of Terex Corporation (TEX) have dipped 4% as it lowered its 2024 guidance for sales and earnings per share. TEX cited lower sales volumes in both segments as the primary reason for the downgrade. In this scenario, it will continue lowering its cost structure and adjusting production to the weak demand. Despite these challenges, Terex confirmed that the long-term outlook remains intact. It also added that it expects to close the ESG acquisition in the fourth quarter of 2024. Segment-Specific Challenge ...

NORWALK, Conn., Sept. 19, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced that it is updating its 2024 outlook. Full-year 2024 adjusted earnings per share, excluding the benefit of the recently announced Environmental Solutions Group (ESG) acquisition, is now expected to be between $5.80 and $6.20 on revenue of $4.85 to $5.05 billion. "Our channels globally made adjustments faster than we anticipated, resulting in lower than expected sales volume. In AWP, customers reduced planned deliver ...