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Stock impact report

Terex Announces First Quarter 2020 Results

Terex Corporation (TEX) 
Last terex corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: GlobeNewswire
WESTPORT, Conn., April 30, 2020 (GLOBE NEWSWIRE) -- Terex Corporation (NYSE: TEX) today announced a first quarter 2020 loss from continuing operations of $(24.7) million, or $(0.35) per share, on net sales of $833.6 million.  In the first quarter of 2019, the reported income from continuing operations was $57.2 million, or $0.79 per share, on net sales of $1.1 billion.  This compares to income from continuing operations, as adjusted, of $62.3 million or $0.87 per share in the first quarter of 2019. The Glossary at the end of this press release contains further details regarding these non-GAAP measures. John L. Garrison, Jr., Terex Chairman and CEO, commented, “First and foremost, we have taken measures to prioritize the health and safety of our team members, families and customers during the COVID-19 pandemic.” Mr. Garrison continued, “While the first two months of the year met our expectations, during March, global economic activity, including customer capital equipment purchases Show less Read more
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