Terex Corporation (NYSE: TEX) has announced that it will be unveiling its third quarter financial results on Wednesday 30th October 2024. This announcement is set to occur before market open, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Wall Street financial analysts are foreseeing that the establishment is likely to announce an estimated per share $1.31 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $1.16 billion during the quarter.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.75. This figure was a result of the company's total revenue, which reached an impressive $1.29 billion during that specific period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $4.98 billion. Furthermore, they are predicting profit of $5.87 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.16 | -8.1% | 1.38 B | -1.5% |
| Q1 2024 | $1.60 | 0% | 1.29 B | +4.6% |
| Q4 2023 | $1.41 | +5.2% | 1.22 B | +0.4% |
| Q3 2023 | $1.75 | +45.8% | 1.29 B | +15.1% |
| Q2 2023 | $2.35 | +119.6% | 1.40 B | +30.3% |
| *Growth on year-over-year basis | ||||
TEX has scheduled a conference call on 30th October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
Terex Corporation (TEX) closed Monday's regular trading session at $55.46, reflecting a 3.14 percent gain. The stock fluctuated between $54.31 and $55.68 during the day, with a volume of 858.50 thousand shares.
