Welcome to our dedicated page for Terex Corporation news (Ticker: $TEX), a resource for investors and traders seeking the latest updates and insights on Terex Corporation stock.
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Terex (NYSE: TEX) reported strong first-quarter 2024 results with sales of $1.3 billion, a 5% increase year-over-year, and an operating profit margin improvement of 20 bps. The company raised its full-year 2024 EPS outlook to $6.95-$7.35 and sales outlook to $5.2-$5.4 billion. CEO Simon Meester highlighted the team's performance and focused strategy, with a commitment to profitable growth and value creation.
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Terex (NYSE: TEX) appoints R. Mark Cox as Senior Vice President Corporate Development, succeeding Randy S. Williamson. Cox brings over 28 years of experience in corporate development, strategy, and mergers & acquisitions with high-growth and Fortune 500 companies.
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Terex (TEX) to host conference call to review first quarter 2024 financial results with President and CEO Simon Meester and CFO Julie Beck.
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-1.46%
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Terex Corporation (TEX) to participate in J.P. Morgan Industrials Conference on March 12, 2024.
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-0.83%
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Terex Corporation appoints Neil Frohnapple as Vice President, Investor Relations, aiming to enhance investor relations and deliver value for shareholders. Frohnapple brings extensive experience from The Timken Company and a strong background in industrial sectors.
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-1.47%
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Terex Corporation (NYSE: TEX) will participate in a fireside chat at the 16th Annual Evercore ISI Industrial Conference on March 5, 2024. The webcasts will be available on the Terex Investor Relations website.
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1.89%
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Terex Corporation (TEX) executives to engage in fireside chats at upcoming investor conferences in February. The company will participate in the Citi 2024 Global Industrial Tech and Mobility Conference on February 21st and the Barclays Industrial Select Conference on February 22nd.
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Terex Corporation (TEX) reported a significant increase in full-year sales, income from operations, operating margins, and EPS. The company also provided a positive outlook for 2024. The CEO expressed confidence in the company's future and its ability to deliver value to customers and shareholders. However, there are lingering supply chain disruptions and headwinds from European markets. The financial highlights and segment reviews show consistent demand for products and strong income growth. The company's capital allocation strategy and strong free cash flow generation are notable. Terex also declared a quarterly dividend of $0.17 per share.
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-8.55%
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Terex Corporation (NYSE: TEX) will host a conference call to review its fourth quarter and year-end 2023 financial results on February 9, 2024. The call will be hosted by Simon Meester, President and CEO, and Julie Beck, CFO. The company's financial results will be available on their website after the market close on February 8, 2024.
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0.18%
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Terex Corporation (NYSE: TEX) has been named to Newsweek's list of America's Most Responsible Companies for 2024 for the second straight year. The company's commitment to sustainability, product innovation, customer solutions, team member and community engagement, and responsible operations has been recognized. The list features the top 600 most responsible companies in the United States, selected based on key performance indicators and an independent survey.
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Rhea-AI Sentiment
End-of-Day
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Terex Corporation
NYSE:TEX
TEX Rankings
TEX Stock Data
4.00B
65.24M
2.56%
95.13%
2.79%
Heavy Duty Truck Manufacturing
Manufacturing
United States of America
NORWALK
About TEX
terex corporation is a diversified global manufacturer of a broad range of equipment that is focused on delivering reliable, customer-driven solutions for many applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, utility and manufacturing industries. terex has five business segments: aerial work platforms; construction; cranes; material handling & port solutions; and materials processing. terex offers financial products and services to assist in the acquisition of equipment through terex financial services. more information can be found at www.terex.com.