Terex rises after Q3 profit tops estimates
TEX•Terex reported Q3 adjusted profit of $1.50 per share, above estimates of $1.42, and adjusted its 2026 profit forecast to $4.80-$5 per share.
1. Profit and forecast
Terex shares rose about 1% to $50 in premarket trading after the company posted Q3 adjusted profit of $1.50 per share, compared with Wall Street estimates of $1.42. The company raised the lower end of its 2026 adjusted profit forecast to $4.80 per share from $4.70, while cutting the upper end to $5 from $5.10.
2. Year-to-date performance
As of the last close, Terex shares were down 6.9% year to date.
