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Terex Corp. Issues FY 2012 Guidance; EBIT Guidance Above Analysts' Estimate-Conference Call
Terex Corp. announced that for fiscal 2012, it expects sales to increase of 15% to 23%, or be $7.5-$8 million, operating profit (EBIT) is expected to be in the range of $475-$525 million and EPS to be in the range of $1.65-$1.85 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $7.911 billion; EBIT of $382 million and EPS of $1.69 for fiscal 2012.
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