Welcome to our dedicated page for Terex news (Ticker: TEX), a resource for investors and traders seeking the latest updates and insights on Terex stock.
Terex Corporation (NYSE: TEX) provides innovative equipment solutions for construction, infrastructure, and recycling industries worldwide. This dedicated news hub offers investors and industry professionals centralized access to official announcements, strategic developments, and operational updates from the global industrial leader.
Track critical updates including quarterly earnings reports, product launches, sustainability initiatives, and leadership changes. Our curated feed ensures timely access to Terex's material processing innovations, aerial work platform advancements, and environmental solutions developments. Discover how the company's global manufacturing expertise and customer-focused engineering translate to market performance.
Key coverage areas include equipment lifecycle updates, strategic partnerships, safety certifications, and technology integrations across Terex's Materials Processing and Aerial Work Platforms segments. Bookmark this page for reliable updates on operational expansions, regulatory compliance milestones, and industry-specific solutions from a NYSE-listed industrial equipment manufacturer.
Terex Corporation (NYSE: TEX) will participate in a fireside chat at Stifel's 2022 Cross Sector Insight Conference, scheduled for June 8, 2022, at 9:10 AM ET. Company leadership will discuss insights relevant to the construction and manufacturing sectors. Investors can access the live webcast via the Terex Investor Relations website. Terex is known for its innovative machinery and sustainable solutions, supporting various industries while minimizing environmental impact.
Terex Corporation (NYSE: TEX) has declared a quarterly dividend of $0.13 per share, which will be paid on June 21, 2022. Shareholders of record as of the close of business on June 6, 2022 will receive this dividend. Terex is a global manufacturer involved in various sectors including construction and recycling, emphasizing products that reduce environmental impact.
Terex Corporation (NYSE: TEX) reported Q1 2022 income from continuing operations of $52.3 million, or $0.74 per share, a 32% increase year-over-year. Net sales reached $1 billion, up 16% from the prior year. The company has a record backlog of $3.5 billion, indicating strong customer demand. Operating margin improved to 7.4% with effective cost management, maintaining SG&A at 11.1% of sales. Terex reaffirms its full-year EPS outlook of $3.55 to $4.05 amidst ongoing supply chain challenges and inflationary pressures.
Terex (NYSE: TEX) announced its acquisition of Steelweld, a heavy fabrications manufacturer in Northern Ireland, on April 25, 2022. This strategic purchase aims to enhance Terex Materials Processing's fabrication capabilities, aligning with its growth strategy. The acquisition brings Steelweld's skilled workforce and strong reputation for quality and service into the Terex portfolio. The move is expected to bolster Terex's operational efficiency in materials processing, ultimately catering to a broader market with improved offerings.
Terex Corporation (NYSE: TEX) will conduct a conference call on April 29, 2022, at 8:30 a.m. ET to discuss its Q1 2022 financial results. The results will be released after market close on April 28, 2022. John L. Garrison, Jr., CEO, and Julie Beck, CFO, will lead the call. Interested participants should connect 15 minutes prior to the start. The call will be available for replay on the company’s investor relations website. Terex is a global leader in manufacturing materials processing machinery and aerial work platforms.
Terex Corporation (NYSE: TEX) will participate in a fireside chat at J.P. Morgan's 2022 Industrials Conference on March 17, 2022, at 1:20 PM ET. This event will focus on the company's operations and market strategies. Interested parties can access the live webcast on the Terex Investor Relations website. Terex is known for its innovative products in aerial work platforms and materials processing, emphasizing environmentally-friendly solutions.
Terex Corporation (NYSE: TEX) announced participation in a fireside chat at the Evercore ISI Industrial Conference, scheduled for March 1, 2022, at 2:20 PM ET. The event will be live-streamed on Terex's Investor Relations website. Terex is a leading global manufacturer specializing in aerial work platforms and materials processing machinery, focusing on products that support sustainability and environmental responsibility. The company offers a range of equipment designed for various sectors including construction and energy.
Terex Corporation (NYSE: TEX) will participate in a fireside chat at the Barclays Industrial Select Conference on February 23, 2022, at 8:00 AM ET. The event will be available via live webcast on the Terex Investor Relations website. Terex is a leading global manufacturer of aerial work platforms and materials processing machinery, focusing on reducing environmental impact through innovative products. Their solutions support various industries, including construction and energy, and are manufactured across multiple continents.
Terex Corporation (NYSE: TEX) will participate in a fireside chat at Citi's 2022 Global Industrial Tech and Mobility Conference on February 23, 2022, at 3:30 PM ET. The event will be accessible via a live webcast on the Terex Investor Relations website. Terex is a global leader in manufacturing aerial work platforms and materials processing machinery, focusing on environmentally friendly solutions. They provide products for various industries, including construction and energy, and support clients through the entire product life cycle.
Terex Corporation (NYSE: TEX) reported robust financial results for Q4 2021, earning $58 million ($0.82/share) on net sales of $990.1 million, a significant increase from $14.9 million ($0.21/share) on $786.7 million in Q4 2020. For 2021, income rose to $217.5 million ($3.07/share) on sales of $3.9 billion, compared to $9 million ($0.13/share) on $3.1 billion in 2020. The company expects 2022 sales between $4.1 to $4.3 billion with EPS of $3.55 to $4.05, backed by strong customer demand and strategic growth investments.
