Investing.com - Terex reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Terex announced earnings per share of $0.74 on revenue of $1B. Analysts polled by Investing.com anticipated EPS of $0.4703 on revenue of $960.08M.
Terex shares are down 21.5% from the beginning of the year and are trading at $34.50 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Terex follows other major Industrials sector earnings this month
Terex's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on Thursday, April 21, 2022 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
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