Terex (TEX) Misses Q4 EPS by 2c, FY EPS Guidance Falls Short

Terex (NYSE: TEX) reported Q4 EPS of $0.50, $0.02 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.47 billion.

GUIDANCE:

Terex sees FY2016 EPS of $1.30-$1.60, versus the consensus of $1.89.

• net sales to be about 10% lower than 2015

For earnings history and earnings-related data on Terex (TEX) click here.

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