Terex Q1 2024 GAAP EPS $1.60 Beats $1.37 Estimate, Sales $1.292B Beat $1.235B Estimate
Portfolio Pulse from Benzinga Newsdesk
Terex Corporation (NYSE:TEX) reported Q1 2024 earnings of $1.60 per share, surpassing the consensus estimate of $1.37 by 16.79%. Quarterly sales reached $1.292 billion, exceeding expectations of $1.235 billion by 4.61% and marking a 4.53% increase from the previous year.
April 25, 2024 | 8:45 pm
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Terex Corporation reported strong Q1 2024 earnings and sales, surpassing analyst estimates with an EPS of $1.60 and sales of $1.292 billion.
The positive earnings and sales report from Terex Corporation, with both metrics exceeding analyst expectations, suggests a strong financial performance. This typically leads to positive investor sentiment and could result in a short-term uptick in the stock price, given the better-than-expected results.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100