Terex (TEX) Tops Q4 EPS by 17c, Revenues Miss

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Terex Announces Fourth Quarter and Full-Year 2019 Results

February 13, 2020 4:10 PM EST

WESTPORT, Conn., Feb. 13, 2020 (GLOBE NEWSWIRE) -- Terex Corporation (NYSE: TEX) today announced fourth quarter 2019 income from continuing operations of $18.5 million, or $0.26 per share, on net sales of $885.0 million.  In the fourth quarter of 2018, the reported income from continuing operations was $19.6 million, or $0.26 per share, on net sales of $1,048.8 million.  Income from continuing operations, as adjusted, for the fourth quarter of 2019 was $25.7 million, or $0.36 per share. This compares to income from continuing operations, as adjusted, of $59.3 million or $0.80 per share in the fourth quarter of 2018. The Glossary at the end of this press release... More