Terex Sees FY24 EPS $6.85-$7.25; Net Sales $5.1B-$5.3B Vs $5.167B Est.
Portfolio Pulse from Benzinga Newsdesk
Terex Corporation projects its FY24 earnings per share (EPS) to be between $6.85 and $7.25, with net sales expected to range from $5.1 billion to $5.3 billion, compared to the estimated $5.167 billion.
February 08, 2024 | 9:16 pm
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POSITIVE IMPACT
Terex Corporation anticipates FY24 EPS between $6.85 and $7.25, with net sales expected to be $5.1B-$5.3B, exceeding the $5.167B estimate.
The positive earnings and revenue forecast by Terex Corporation for FY24, which exceeds the current estimates, is likely to instill investor confidence and potentially drive the stock price up in the short term. The specificity of the forecast and its surpassing of current estimates highlight its significance for investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100