Terex (TEX) Tops Q4 EPS by 2c, Offers Guidance

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Terex Reports Fourth Quarter and Full-Year 2023 Results

February 8, 2024 4:12 PM EST

Full-year sales of $5.2 billion increased 17%Q4 and full-year income from operations of $116 million and $637 million Q4 and full-year operating margins of 9.5% and 12.4%Q4 and full-year EPS of $1.88 and $7.56Q4 and full-year results include $0.47 and $0.50 net favorable EPS impacts from non-recurring items. Excluding these items:Q4 EPS of $1.41 up 5%Full-year income from operations of $652 million up 55%Full-year operating margin of 12.7% improved 320 bpsFull-year EPS of $7.06 up 63%... More