Terex earnings exceeded analyst estimates in the third quarter of 2026, with adjusted profit of $1.50 per share and revenue of $2.2 billion. Shares of the equipment manufacturer rose 10% on October 28 following the results.

Key Takeaways

  • Adjusted earnings exceeded estimates by $0.08 per share, while revenue was roughly $40 million above consensus.
  • Bookings increased 52.7% to $2.3 billion, and backlog reached $7 billion.

Terex earnings and revenue

Third-quarter revenue rose 58.4% from a year earlier. Net income was $114 million, while the company had a higher share count following its merger with REV Group.

Terex manufactures equipment used in markets including construction, utilities and recycling. Its products include aerial work platforms, materials processing machinery and specialty vehicles.

Bookings and the merger

The increase in bookings and the $7 billion backlog reflected demand for products including aerial work platforms and specialty vehicles.

Terex’s explanation of pro forma information describes how the method illustrates past performance as if transactions such as mergers had occurred earlier. The reported third-quarter revenue growth rate was not identified as a pro forma figure.

Read More News

More FinanceVelix news

Disclaimer

This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.