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Terex Corp Raises FY 2013 EPS Guidance

Wednesday, 23 Oct 2013 06:02pm EDT 

Terex Corp announced that for fiscal 2013, it expects earnings per share (EPS) to be between $2.05 and $2.25 per share, excluding restructuring and other unusual items, an increase from previous guidance of $1.90 to $2.10 per share. The improvement in guidance is driven by an anticipated lower fiscal 2013 adjusted effective tax rate of approximately 33% which adds approximately $0.15 of earnings per share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.98 for fiscal 2013. 

Company Quote

-0.14 -0.51%
11:21am EDT