Terex Q1 EPS $1.60 (up 116% YoY), raises FY2023 EPS outlook to $5.60-$6.00

TEREX CORP

2023-Q1 EPS reported $1.64 revenue$1,235,700,000

Q1 sales $1.2B (+23% YoY); op income $148M (+98%); EPS $1.60 vs $0.74.
Total backlog $4.1B; operating margin 12.0% (up 460 bps YoY).
FY2023 EPS guidance raised to $5.60-$6.00 (from $4.60-$5.00); sales outlook $4.8B-$5.0B.
AWP segment sales $685.9M (+24.4%), margin 12.1% (vs 5.9%); MP margin 15.4%.
Free cash flow outlook raised to ~$300-$350M; net leverage 1.0x; dividend up 15%.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TEREX CORP reported first quarter 2023 results: revenue $1.2 billion, EPS $1.60 per share. Guidance raised.

Period: first quarter 2023
Revenue: $1.2 billion
EPS: $1.60 per share
Guidance: raised
Result: reported results

Exact text from the filing

RELEASE OF TEREX CORPORATION DATED MAY 1, 2023) --- EARNINGS RELEASE OF TEREX CORPORATION DATED MAY 1, 2023 Document Terex Reports First Quarter 2023 Results • Sales of $1.2 billion increased 23% year-over-year, 27% on FX neutral basis • Total backlog remained strong at $4.1 billion • Income from operations of $148 million, up 98% year-over-year • Operating

View on SEC.gov

Browse all earnings releases →

TEREX CORP filing history →

Source: SEC EDGAR

accession 0000097216-23-000133

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.