
Core Insights - Terex reported revenue of $1.24 billion for the quarter ended December 2024, reflecting a 1.5% increase year-over-year and a surprise of +0.63% over the Zacks Consensus Estimate of $1.23 billion [1] - The earnings per share (EPS) for the quarter was $0.77, down from $1.41 in the same quarter last year, with an EPS surprise of +1.32% compared to the consensus estimate of $0.76 [1] Financial Performance Metrics - Net sales for Aerial Work Platforms (AWP) were $573 million, exceeding the average estimate of $547.92 million, but showing a year-over-year decline of -13.2% [4] - Net sales for Materials Processing & Mining (MP) were $439 million, slightly below the average estimate of $450 million, representing a year-over-year decrease of -20.9% [4] - Net sales for Corporate and Other / Eliminations were reported at $1 million, significantly higher than the average estimate of $51.09 million, indicating a year-over-year change of +12400% [4] - Income from Operations for AWP was $18 million, compared to the average estimate of $20.54 million [4] - Income from Operations for Corporate and Other / Eliminations was -$24 million, worse than the average estimate of -$9.03 million [4] - Income from Operations for MP was $47 million, below the average estimate of $63.21 million [4] Stock Performance - Terex shares have returned +6.8% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance relative to the broader market in the near term [3]