Terex (US:TEX) ZACKSยท2025-02-06 14:16Core Viewpoint - Terex (TEX) reported quarterly earnings of $0.77 per share, exceeding the Zacks Consensus Estimate of $0.76 per share, but down from $1.41 per share a year ago, indicating a 45.4% year-over-year decline in earnings [1] Group 1: Earnings Performance - The quarterly earnings surprise was 1.32%, with a previous quarter surprise of 14.96% when actual earnings were $1.46 per share against an expectation of $1.27 [1][2] - Over the last four quarters, Terex has surpassed consensus EPS estimates four times [2] - The company posted revenues of $1.24 billion for the quarter, surpassing the Zacks Consensus Estimate by 0.63%, and showing a slight increase from $1.22 billion year-over-year [2] Group 2: Future Outlook - The sustainability of Terex's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - Current consensus EPS estimate for the upcoming quarter is $1.22 on revenues of $1.36 billion, and for the current fiscal year, it is $5.23 on revenues of $5.43 billion [7] - The estimate revisions trend for Terex is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] Group 3: Industry Context - The Manufacturing - Construction and Mining industry, to which Terex belongs, is currently in the bottom 10% of Zacks industries, which may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can significantly affect stock performance [5][8]