Terex Q3 EPS $1.75 (+46% YoY), raises full-year outlook to ~$7.05

TEREX CORP

2023-Q3 EPS reported $5.72 revenue$3,928,900,000

Sales $1.3B (+15% YoY); operating margin 12.7% (up 190 bps).
EPS $1.75 vs $1.20 prior year; full-year EPS guidance raised to ~$7.05.
Materials Processing sales $541M (+18.2%); Aerial Work Platforms $751M (+13.3%).
Free cash flow outlook reaffirmed at ~$375M; liquidity $846M, net leverage 0.5x.
Returned $66M to shareholders YTD via share repurchases and dividends.

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 0.85

TEREX CORP updated its third quarter 2023 guidance (raised).

Period: third quarter 2023
Guidance: raised
Result: reported results

Exact text from the filing

Terex Corporation (“Terex”) issued a press release on October 26, 2023, in which Terex provided certain third quarter 2023 financial results.

View on SEC.gov

Browse all earnings releases →

TEREX CORP filing history →

Source: SEC EDGAR

accession 0000097216-23-000197

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.