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Terex: Q3 Earnings Snapshot
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NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — Terex Corp. (TEX) on Wednesday reported third-quarter earnings of $114 million.

The Norwalk, Connecticut-based company said it had net income of $1 per share. Earnings, adjusted for one-time gains and costs, came to $1.50 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.

The machinery products maker posted revenue of $2.2 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $2.17 billion.

Terex expects full-year earnings in the range of $4.80 to $5 per share, with revenue in the range of $8 billion to $8.2 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TEX at https://www.zacks.com/ap/TEX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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