Terex Corporation reported a strong start to 2024, with a 5% increase in sales and a 20 basis point expansion in operating margins. The company achieved earnings per share of $1.60 and a return on invested capital exceeding 27%. Due to this performance, Terex is raising its 2024 sales and profit outlook, expecting earnings per share in the range of $6.95 to $7.35.
Increased sales by 5% and expanded operating margins by 20 basis points compared to the previous year.
Earnings per share (EPS) reached $1.60, with a return on invested capital (ROIC) exceeding 27%.
The company's backlog remains strong at $3.1 billion, significantly above historical levels.
Raised the 2024 sales and earnings per share outlook, projecting EPS between $6.95 and $7.35.
Terex has raised its sales and earnings per share outlook for 2024, with sales expected to be between $5.2 and $5.4 billion and EPS in the range of $6.95 to $7.35.
Visualization of income flow from segment revenue to net income
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