Terex Q2 EPS $2.35 Beats $1.61 Estimate, Sales $1.40B Beat $1.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
Terex Corporation (NYSE:TEX) reported Q2 earnings of $2.35 per share, beating the analyst consensus estimate of $1.61 by 45.96%. This is a 119.63% increase from the same period last year. The company also reported quarterly sales of $1.40 billion, beating the analyst consensus estimate of $1.26 billion by 11.71%, a 30.28% increase from the same period last year.
August 04, 2023 | 10:27 am
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Terex Corporation reported strong Q2 earnings and sales, significantly beating analyst estimates. This positive financial performance could potentially lead to a short-term increase in the company's stock price.
Terex Corporation reported a significant increase in Q2 earnings and sales, beating analyst estimates. This strong financial performance indicates a healthy financial state for the company, which could potentially attract more investors, leading to a short-term increase in the company's stock price.
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IMPORTANCE 80
RELEVANCE 100