Terex Corp reports results for the quarter ended December 31 - Earnings Summary

• Terex Corp TEX.N reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.86. The mean expectation of thirteen analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 57 cents to 98 cents per share.

• Revenue rose 1.5% to $1.24 billion from a year ago; analysts expected $1.23 billion.

• Terex Corp's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $2 million.

• Terex Corp shares had risen by 3.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the heavy machinery & vehicles peer group is also "hold"

Wall Street's median 12-month price target for Terex Corp is $53.00

This summary was machine generated from LSEG data February 6 at 02:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)