Terex (TEX) Reports Earnings Tomorrow: What To Expect
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Terex (TEX) is set to report earnings tomorrow before market open. Analysts expect a 5.3% year-on-year revenue growth to $1.31 billion, with adjusted earnings at $1.11 per share. The company previously missed revenue expectations by 2% last quarter. Terex has missed Wall Street's revenue estimates four times in the past two years. In the heavy machinery sector, Caterpillar reported an 18% revenue growth, while Greenbrier saw a 19.4% decline. Terex shares have risen 1.6% recently, with an average analyst price target of $64.75 against a current price of $61.91.
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