Terex reported an excellent fourth quarter with EPS of $0.82, nearly quadrupling year-over-year. Sales were up 26% year-over-year, and the company ended 2021 with a record backlog of $3 billion, up 122%. Focused cost management continued, resulting in 300 basis points of operating margin improvement.
EPS of $0.82 nearly quadrupled year-over-year.
Sales were up 26% year-over-year.
Ended 2021 with a record backlog of $3 billion, up 122%.
Operating margin improved 300 basis points.
The company anticipates EPS of $3.55 to $4.05 based on sales of approximately $4.1 to $4.3 billion.
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