Terex Announces Third Quarter 2019 Results
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Terex (TEX) Misses Q3 EPS by 1c, Revenues Miss; Offers FY19 EPS/Revenue Outlook Below Consensus
October 30, 2019 4:34 PM EDTTerex (NYSE: TEX) reported Q3 EPS of $0.82, $0.01 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.1 billion.
Q3 Earnings per Share $0.73, $0.82 as adjustedGlobal Sales of $1.0 billion, down 7% compared to Q3 2018Q3 Cash from Operating Activities of $127 million, Free Cash Flow of $104 millionImproved Liquidity to $1.1 billionIt has become clear that we are in a softening environment for industrial... More
