Terex Q3 2024 Adj. EPS $1.46 Beats $1.31 Estimate, Sales $1.212B Beat $1.163B Estimate
Portfolio Pulse from Benzinga Newsdesk
Terex reported Q3 2024 earnings per share of $1.46, surpassing the analyst estimate of $1.31. Sales were $1.212 billion, exceeding the expected $1.163 billion, despite a 6.05% decrease from last year's sales.
October 30, 2024 | 11:11 am
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Terex's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $1.46 and sales at $1.212 billion. However, sales decreased by 6.05% compared to the previous year.
Terex's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year sales decline may temper some investor enthusiasm. Overall, the earnings beat is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100