Terex (TEX) Tops Q2 EPS by 6c; Boosts FY18 EPS Outlook

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Go back to Terex (TEX) Tops Q2 EPS by 6c; Boosts FY18 EPS Outlook

Terex Announces Second Quarter 2018 Results

July 31, 2018 4:15 PM EDT

Q2 Earnings per Share $0.73, $0.98 as adjusted  Increased sales 19% and backlog 31%, growth in every segment  Increased operating profit by 33%, and 41% as adjusted  Disciplined capital allocation results in 2.9 million shares repurchased for $116 million  Updating 2018 full year EPS guidance from $2.70 - $3.00 to $2.80 - $3.00

WESTPORT, Conn., July 31, 2018 (GLOBE NEWSWIRE) -- Terex Corporation (NYSE: TEX) today announced second quarter 2018 income from continuing operations of $55.9 million, or $0.73 per share, on net sales of $1.4 billion. In the second quarter of 2017, the reported income from continuing operations was... More