Terex (TEX) Misses Q1 EPS by 30c, Revenues Miss
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Terex Announces First Quarter 2020 Results
April 30, 2020 4:11 PM EDTWESTPORT, 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.
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