Terex Raises Full Year 2023 Outlook; Now Sees FY23 EPS ~$7.05 Vs $7.16 Est.
Portfolio Pulse from Benzinga Newsdesk
Terex Corporation has raised its full year 2023 earnings per share (EPS) outlook to approximately $7.05. The company will provide a detailed full year 2023 outlook when it releases its third quarter 2023 financial results on October 26, 2023.
October 17, 2023 | 8:19 pm
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POSITIVE IMPACT
Terex Corporation's raised EPS outlook for FY23 could potentially lead to a positive market reaction, increasing the stock's value in the short term.
Terex Corporation's raised EPS outlook for FY23 indicates improved profitability expectations. This positive financial news could lead to increased investor confidence, potentially driving up the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100