TEX Q3 Earnings Beat, Stock Up 15.7% on Strong Sales Growth

What happened: Terex reported third-quarter 2026 adjusted earnings of $1.50 per share and revenues of $2.20 billion, beating consensus estimates, and its shares gained 15.7% since the Oct. 28 release. Key numbers: Adjusted EPS $1.50 vs. $1.42 consensus. Revenues $2.20 billion, up 58.4% year over year. Why it matters: Management cited solid order activity and progress integrating the expanded business, and all four segments recorded higher bookings, which the company said provides improved revenue visibility. Terex also authorized an additional $500 million buyback. Market: -3.8% today ($38.53), -13.7% YTD, 0.7x vol — as of 20:03 UTC Coverage: 5 outlets in 24h

Terex reported third-quarter 2026 adjusted earnings of $1.50 per share and revenues of $2.20 billion, beating consensus estimates, and its shares gained 15.7% since the Oct. 28 release.

Management cited solid order activity and progress integrating the expanded business, and all four segments recorded higher bookings, which the company said provides improved revenue visibility. Terex also authorized an additional $500 million buyback. Market: -3.8% today ($38.53), -13.7% YTD, 0.7x vol — as of 20:03 UTC