Terex Announces First Quarter 2019 Results

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Terex (TEX) Tops Q1 EPS by 26c, Slight Beat on Revenues

April 30, 2019 4:26 PM EDT

Terex (NYSE: TEX) reported Q1 EPS of $0.87, $0.26 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.13 billion.

First quarter 2019 income from continuing operations of $57.2 million, or $0.79 per share, on net sales of $1.1 billion. In the first quarter of 2018, the reported income from continuing operations was $68.7 million, or $0.84 per share, on net sales of $1.1 billion. Income from continuing operations, as adjusted, for the first quarter of 2019 was $62.3 million, or $0.87 per share.This compares to income from continuing operations, as... More