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Terex Corp. - TEX STOCK NEWS

Welcome to our dedicated news page for Terex (Ticker: TEX), a resource for investors and traders seeking the latest updates and insights on Terex.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Terex's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Terex's position in the market.

News
Rhea-AI Summary
Terex Corporation reports strong Q3 2023 results with a 15% increase in sales and 46% improvement in EPS. Full-year 2023 EPS outlook raised to ~$7.05. Net sales increased 15.1% to $1.3 billion. Income from operations improved 35% to $163.2 million. Materials Processing segment saw net sales increase by 18.2% to $541.1 million. Aerial Work Platforms segment saw net sales increase by 13.3% to $751.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.55%
Tags
-
Rhea-AI Summary
Terex Corporation has published its 2023 Sustainability Report, highlighting its commitment to sustainability and its impact on the environment. The report details Terex's sustainability practices, including product innovation and solutions that promote safe and sustainable operations for customers. Terex aims to reduce greenhouse gas and energy intensity by 15% by the end of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
-
Rhea-AI Summary
Terex Corporation announces retirement of Chairman and CEO, John L. Garrison, Jr., effective January 1, 2024, and names Simon Meester as the next CEO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.48%
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none
Rhea-AI Summary
Terex Corporation to host conference call for Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
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-
News
Rhea-AI Summary
Terex Corporation declares quarterly dividend of $0.17 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.38%
Tags
dividends
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Rhea-AI Summary
Terex Corporation to participate in fireside chat at Jefferies Industrials Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
conferences
Rhea-AI Summary
Seun Salami appointed to Terex Corporation's Board of Directors
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.01%
Tags
management
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Rhea-AI Summary
Terex Corporation (NYSE: TEX) reported strong financial results for the second quarter of 2023. Sales increased by 30% YoY to $1.4 billion, while income from operations rose by 102% YoY to $210 million. The operating profit margin improved by 540 basis points to 15.0%. EPS more than doubled YoY to $2.35. As a result of the strong performance, Terex raised its full-year 2023 EPS outlook to approximately $7.00.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
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-
Rhea-AI Summary
Terex Corporation to host conference call to review Q2 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
Tags
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.35%
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dividends
Terex Corp.

NYSE:TEX

TEX Rankings

TEX Stock Data

4.27B
65.24M
2.56%
95.13%
2.79%
Heavy Duty Truck Manufacturing
Manufacturing
Link
US
Westport

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.