Terex Q1 sales $1.3B (+5% YoY); EPS $1.60; raises FY EPS outlook to $6.95-$7.35

TEREX CORP

2024-Q1 EPS reported $1.60 revenue$1,292,500,000

Q1 sales $1.3B (+4.6% YoY); operating income $158M (+7%); operating margin 12.2%.
EPS from continuing ops $1.60 (flat YoY); ROIC 27.6% (+370 bps).
AWP segment sales $772.7M (+12.7%); Materials Processing sales $520M (-6.1%).
Raises FY2024 sales outlook to $5.2B-$5.4B and EPS to $6.95-$7.35 (from $6.85-$7.25).
Expects >$300M free cash flow for second consecutive year; liquidity $866M, net leverage 0.5x.

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 the first quarter 2024 results: revenue $1.3 billion, net income $108.5 million, EPS $1.60. Guidance raised.

Period: the first quarter 2024
Revenue: $1.3 billion
Net income: $108.5 million
EPS: $1.60
Guidance: raised
Result: reported results

Exact text from the filing

APRIL 25, 2024) --- EARNINGS RELEASE OF TEREX CORPORATION DATED APRIL 25, 2024 Document Terex Reports Strong First Quarter 2024 Results; Raises Full-Year Outlook • Sales of $1.3 billion increased 5% year-over-year • Income from operations of $158 million, up 7% year-over-year • Operating profit margin of 12.2% improved 20 bps year-over-year • Earnings per share

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340 earnings releases filed in the last 30 days. Browse all earnings releases →

TEREX CORP filing history →

Source: SEC EDGAR

accession 0000097216-24-000097

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