for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

UPDATE 1-Bucyrus 2010 rev view beats Wall Street view

* Sees 2010 rev $3.65 bln-$3.75 bln vs est $3.35 bln

* Outlook includes about $1 bln rev from Terex

* Shares down 5 pct on weak Q1 results

April 23 (Reuters) - Mining equipment maker Bucyrus International Inc BUCY.O forecast 2010 revenue above analysts' expectations, but lower-than-expected quarterly results took its shares down as much as 5 percent.

In a conference call with analysts, Bucyrus said it expects 2010 revenue to be $3.65 billion to $3.75 billion, including about $1 billion worth of revenue from Terex, which the company acquired in February. [ID:nWNAB1455]

Analysts on average were expecting revenue of $3.35 billion, according to Thomson Reuters I/B/E/S.

After market close Thursday, Bucyrus posted first-quarter results below analysts’ expectations on lower revenue from its underground mining segment. [ID:nSGE63M0H5]

Shares of the company were trading down 4 percent $67.90 mid-day trade on the Nasdaq. They touched a low of $67.31 earlier in the day. (Reporting by Bijoy Koyitty in Bangalore; Editing by Don Sebastian)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up