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Stock impact report

Terex Announces Third Quarter 2017 Results

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 third quarter 2017 income from continuing operations of $56.6 million, or $0.63 per share, on net sales of $1.1 billion. In the third quarter of 2016, the reported income from continuing operations was $33.3 million, or $0.31 per share, on net sales of $1.1 billion. Income from continuing operations, as adjusted, for the third quarter of 2017 was $45.0 million, or $0.50 per share. This compares to income from continuing operations, as adjusted, of $19.0 million or $0.17 per share in the third quarter of 2016. The Glossary at the end of this press release contains further details regarding these non-GAAP measures. “Our third quarter financial results demonstrate the accelerating momentum across Terex,” said John L. Garrison, Terex President and CEO. “All three segments increased sales, improved operating margin and grew backlo Show less Read more
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