secwatch.observer — SEC 8-K summary
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Issuer:     TEREX CORP (TEX)
CIK:        0000097216
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000097216-24-000097
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97216/000009721624000097/0000097216-24-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97216/000009721624000097/tex-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000097216-24-000097

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer