WESTPORT, Conn., April 01, 2020 -- Terex Corporation (NYSE:TEX) announced today that Sandie O’Connor has been appointed to its Board of Directors. Ms. O’Connor recently retired.
Terex's (TEX) Q1 production declines across global facilities due to lower customer demand and local government mandates on account of the coronavirus outbreak.
Q1 2020 Terex Corp Earnings Call
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WESTPORT, Conn., April 17, 2020 -- Terex Corporation (NYSE: TEX) will host a conference call to review its first quarter 2020 financial results on Friday, May 1, 2020 at 8:30.
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Banks are seeking to limit companies from accessing credit lines as the global pandemic continues to weigh on balance sheets. As businesses seek to amend their credit agreements to ask for covenant relief or a maturity extension, lenders are pushing to add so-called anti-hoarding provisions to limit a borrower’s ability to draw down on its revolving line of credit fully. Since the coronavirus pandemic took hold, companies including Hilton Worldwide and Ford Motor Co have drawn more than US$201bn in revolver capacity to ensure access to liquidity as the healthcare crisis interrupted supply chains, closed retail operations and forced companies to fire workers.
Terex (TEX) delivered earnings and revenue surprises of 100.00% and -1.08%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
America’s heavy equipment makers aim to make tariffs an election year issue after losing market share to imports of foreign goods as a result of the levies on inputs imposed by the Trump administration. The top 10 countries that export construction equipment to the United States gained 9% in market share over the past year, largely due to a loss of competitiveness for domestic producers as tariffs pushed up the cost of imported parts and steel and forced many to raise prices, according to a report seen by Reuters that was set for release on Tuesday by the IHS Market research group. The study covered lost sales from tariffs through last year, before the coronavirus outbreak further upended global supply chains and is feared to hurt demand as global growth slows as a result.
WESTPORT, Conn., Feb. 13, 2020 -- Terex Corporation (NYSE: TEX) today announced fourth quarter 2019 income from continuing operations of $18.5 million, or $0.26 per share, on.
Let's see if Terex (TEX) stock is a good choice for value-oriented investors right now from multiple angles.
Despite the impact of a slow industrial sector and the coronavirus outbreak, Terex (TEX) will gain on its strategic initiatives and focus on innovative products, strengthening global footprint.
Bleak industrial equipment demand, lower sales volume and the impacts of the coronavirus pandemic keep Terex (TEX) stock under pressure.
WESTPORT, Conn., April 30, 2020 -- Terex Corporation (NYSE: TEX) today announced a first quarter 2020 loss from continuing operations of $(24.7) million, or $(0.35) per share,.
Terex (TEX) withdraws its fiscal 2020 guidance as the uncertainty of the impact of the coronavirus outbreak on its results cannot be reasonably estimated at this time.
Terex (TEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Image source: The Motley Fool. Terex (NYSE: TEX)Q1 2020 Earnings CallMay 01, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by.
Terex (TEX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Terex Corporation (TEX), a global manufacturer of aerial work platforms and materials processing equipment, is providing a business update regarding health and safety, liquidity, and cost reduction actions in response to the COVID-19 pandemic. “We are focused on successfully navigating through this unprecedented period and are implementing substantial cost saving and operational actions to enhance liquidity and maintain financial flexibility,” stated Terex Corporation Chairman, President and CEO, John L. Garrison, Jr. “We continue to monitor our end market demand and supply chains and have developed contingency plans should future developments warrant further action.” Safety is and will remain the top priority of the Company.