Investing.com - Terex (NYSE:TEX) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Terex announced earnings per share of $0.56 on revenue of $864.2M. Analysts polled by Investing.com anticipated EPS of $0.2357 on revenue of $824.24M.
Terex shares are up 38.15% from the beginning of the year, still down 3.77% from its 52 week high of $50.09 set on March 18. They are outperforming the EUR/USD which is down 0% from the start of the year.
Terex shares gained 1.85% in after-hours trade following the report.
Terex follows other major Capital Goods sector earnings this month
Terex's report follows an earnings beat by ASML ADR on April 21, who reported EPS of $3.86 on revenue of $5.25B, compared to forecasts EPS of $3.07 on revenue of $4.81B.
Honeywell had beat expectations on April 23 with first quarter EPS of $1.92 on revenue of $8.45B, compared to forecast for EPS of $1.8 on revenue of $8.08B.
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