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Terex Announces Fourth Quarter and Full Year 2017 Results and Provides 2018 Guidance

Terex Corporation (TEX) 
Last terex corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: Business Wire
WESTPORT, Conn.--(BUSINESS WIRE)-- Terex Corporation (NYSE: TEX) today announced fourth quarter 2017 loss from continuing operations of $31.7 million, or ($0.37) per share, on net sales of $1.1 billion. The fourth quarter and full year 2017 results include a one-time $50.4 million charge associated with the new U.S. tax law. In the fourth quarter of 2016, Terex reported a net loss from continuing operations of $313.9 million, or ($2.96) per share, on net sales of $1.0 billion. Income from continuing operations, as adjusted, for the fourth quarter of 2017 was $28.3 million, or $0.33 per share. This compares with income from continuing operations, as adjusted, of $10.7 million or $0.10 per share in the fourth quarter of 2016. The Glossary at the end of this press release contains further details regarding these non-GAAP measures. For the full year 2017, Terex reported income from continuing operations of $ Show less Read more
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