Terex Corporation (NYSE: TEX) reported strong Q1 2024 earnings, achieving sales growth and margin expansion versus the prior year. Year over year, sales of $1.3 billion increased 5%, income from operations of $158 million were up 7%, and operating profit margin of 12.2% improved 20 bps. Reflecting the Q1 performance, CEO Simon Meester said Terex is raising its full-year EPS outlook to a range of $6.95 to $7.35, and full-year sales outlook to a range of $5.2 to $5.4 billion. “The Terex team continues to perform at a high level and demonstrate the power of its focused strategy and its proven ability to create value,” Meester said. See Terex.com / Investors for the details.
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