Earnings Preview: Terex

Terex (NYSE:TEX) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.

Analysts estimate that Terex will report an earnings per share (EPS) of $1.31.

The announcement from Terex is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.10, leading to a 3.71% drop in the share price the following trading session.

Here's a look at Terex's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.06

1.37

1.39

1.72

EPS Actual

2.16

1.60

1.41

1.75

Price Change %

-4.0%

-1.0%

-9.0%

-7.000000000000001%

Stock Performance

Shares of Terex were trading at $55.46 as of October 28. Over the last 52-week period, shares are up 17.58%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Terex

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Terex.

With 9 analyst ratings, Terex has a consensus rating of Neutral. The average one-year price target is $64.0, indicating a potential ...