Investing.com - Terex (NYSE:TEX) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Terex announced earnings per share of $0.67 on revenue of $993.8M. Analysts polled by Investing.com anticipated EPS of $0.7448 on revenue of $1.01B.
Terex shares are up 31.9% from the beginning of the year, still down 17.23% from its 52 week high of $55.60 set on May 10. They are outperforming the EUR/USD which is down 0% from the start of the year.
Terex follows other major Capital Goods sector earnings this month
Terex's report follows an earnings beat by ASML ADR on October 20, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.
Honeywell had beat expectations on October 22 with third quarter EPS of $2.02 on revenue of $8.47B, compared to forecast for EPS of $1.99 on revenue of $8.66B.
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