Terex Expects 5.3% Q4 Revenue Growth to $1.31 Billion, EPS $1.11
Terex last quarter reported $1.39 billion in revenue, up 14.3% year-on-year but 2% below analysts’ forecasts and cut full-year EBITDA guidance. For Q4, consensus expects 5.3% revenue growth to $1.31 billion and $1.11 adjusted EPS as peers Caterpillar and Greenbrier posted divergent results.
1. Previous Quarter Performance
Terex reported Q3 revenue of $1.39 billion, marking a 14.3% year-on-year increase yet missing forecasts by 2%. The company also failed to meet organic revenue targets and trimmed its full-year EBITDA guidance after four revenue misses over the past two years.
2. Q4 Forecast and Peer Comparison
Analysts project Q4 revenue of $1.31 billion, a 5.3% rise, and adjusted EPS of $1.11. In the heavy machinery sector, Caterpillar delivered 18% revenue growth while Greenbrier fell 19.4%, and the group’s stocks have gained 8.2% on average over the last month with Terex’s average price target at $64.75.