Terex Watchlist

tz-plus logo Terex - Construction Equipment Manufacturer Benefits from Rising Construction Economy!

M. Springman
Reading Time: 1 minute

Growth drivers: Terex (TEX) has established a strong market position in the construction machinery and equipment sector. As the construction economy continues to recover, demand for cranes, material handling machines, concrete mixers, mobile conveyors, and shredding equipment is expected to rise. On February 11, the company surprised with a very strong Q4 result. Consequently, the adjusted earnings per share unexpectedly improved significantly from $0.77 to $1.12, surpassing consensus expectations of $1.11. They also topped revenue estimates...

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