Terex CorporationTEX
▼ NegativeCapitalrelevance
Earnings per share and EBITDA guidance missed forecasts, and profit margins fell sharply.
Impact on stocks 1
Industrials
Terex CorporationTerex reported quarterly revenue of US$1.73 billion, a 41.1% year-on-year increase that exceeded analyst expectations, while earnings per share and full-year EBITDA guidance came in below forecasts. The strong sales were offset by cost and margin pressures, with profit margins falling to 1.8% from 4.9% a year ago. The company maintained its US$0.17 quarterly dividend despite weak interest coverage. Terex's narrative projects US$9.1 billion revenue and US$714.6 million earnings by 2029, yielding a fair value estimate of US$76.05 per share, a 6% upside to the current price.
Terex CorporationEarnings per share and EBITDA guidance missed forecasts, and profit margins fell sharply.