Terex (TEX) Tops Q4 EPS by 19c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus, FY21 Revenue View Below Consensus

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Terex Announces Fourth Quarter And Full-Year 2020 Results

February 11, 2021 4:11 PM EST

NORWALK, Conn., Feb. 11, 2021 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced fourth quarter 2020 income from continuing operations of $14.9 million, or $0.21 per share, on net sales of $786.7 million.  In the fourth quarter of 2019, the reported income from continuing operations was $18.5 million, or $0.26 per share, on net sales of $885.0 million.  Income from continuing operations, as adjusted, for the fourth quarter of 2019 was $25.7 million, or $0.36 per share.  The Glossary at the end of this press release contains further details regarding these non-GAAP measures.

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