Earnings Preview: Terex
Portfolio Pulse from Benzinga Insights
Terex (NYSE:TEX) is set to release its quarterly earnings on October 30, 2024, with analysts estimating an EPS of $1.31. Despite a previous earnings beat, the stock saw a price drop, highlighting the importance of guidance. Terex has a Neutral analyst rating with a 15.4% potential upside. Compared to peers, Terex shows lower revenue growth but strong net margin and ROE.
October 29, 2024 | 5:01 pm
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NEUTRAL IMPACT
Terex is expected to report an EPS of $1.31. Despite a history of beating estimates, the stock has previously dropped post-announcement. Analysts rate it Neutral with a 15.4% upside potential. Revenue growth is lower than peers, but net margin and ROE are strong.
Terex's upcoming earnings report is crucial as past earnings beats have not translated into stock price gains, indicating that investors are focused on guidance. The Neutral rating and potential upside suggest mixed market sentiment. The company's strong net margin and ROE are positive, but lower revenue growth compared to peers may concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100