Terex posts strong Q3 2026 results and lifts full‑year sales, EPS and free‑cash‑flow guidance
Terex Corp. reported third‑quarter 2026 net sales of $2.2 billion, a 58.4% year‑over‑year increase, and adjusted earnings per share of $1.50. Bookings rose 52.7% year over year to $2.3 billion, pushing the consolidated backlog to $7.0 billion. The board approved a new $500 million share‑repurchase program and the company raised its full‑year 2026 sales outlook to $8.0 billion‑$8.2 billion, adjusted EPS guidance to $4.80‑$5.00, and free‑cash‑flow guidance to $360 million‑$400 million.
Why it matters
The higher revenue and EPS forecasts increase the expected earnings base for the year, which could lift the stock’s valuation (the company’s own guidance says the outlook reflects stronger demand and synergies). The expanded free‑cash‑flow target and $500 million buyback capacity give investors additional return potential and liquidity support.
Key facts
- 1Q3 2026 net sales were $2.2 billion, up 58.4% YoY (reported basis). stocktitan.net
- 2Adjusted diluted EPS for Q3 2026 was $1.50 per share. fool.com
- 3Consolidated bookings increased 52.7% YoY to $2.3 billion (pro forma basis). stocktitan.net
- 4Consolidated backlog at quarter‑end was $7.0 billion (pro forma basis). fool.com
- 5Full‑year 2026 sales guidance was raised to $8.0 billion‑$8.2 billion. rttnews.com
- 6Full‑year adjusted EPS guidance was narrowed to $4.80‑$5.00. rttnews.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.