18.02.2014 23:53:47

Terex Posts Q4 Profit - Quick Facts

(RTTNews) - Terex Corp. (TEX) Tuesday reported fourth-quarter profit of $86.4 million or $0.74 per share, compared to $33.3 million or $0.30 per share in the same period last year.

Adjusted earnings from continuing operations totaled $76.8 million or $0.65 per share. On average, 20 analysts polled by Thomson Reuters expected the company to earn $0.49 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $1.8 billion from $1.6 billion last year. Analysts expected revenues of $1.81 billion.

Looking ahead to the fiscal 2014, the company has forecast earnings in a range of $2.50 to $2.80 per share, with sales ranging between $7.3 billion and $7.7 billion. Analysts currently expect the company to earn $2.91 per share on revenues of $7.69 billion.

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