Terex Sees FY24 EPS $6.95-$7.35 Vs $7.04 Est.; Revenue $5.2B-$5.4B Vs $5.158B Est.
Portfolio Pulse from Benzinga Newsdesk
Terex Corporation projects its FY24 earnings per share (EPS) to be between $6.95 and $7.35, compared to the estimated $7.04. The company also forecasts revenue to be in the range of $5.2 billion to $5.4 billion, surpassing the estimated $5.158 billion.
April 25, 2024 | 8:47 pm
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POSITIVE IMPACT
Terex Corporation projects higher FY24 EPS and revenue than analyst estimates, indicating potential growth.
Terex's projection of higher EPS and revenue than analyst estimates for FY24 suggests confidence in their business growth and operational efficiency. This positive outlook is likely to influence investor sentiment positively, potentially leading to an increase in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100