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Terex Raised to Hold at Zacks

2015-10-10 16:35:55| Industrial Machines - Topix.net

According to Zacks, "Terex's earnings increased 2.6% in the second quarter of 2015, while revenues declined 11%, mainly due to unfavorable impact of foreign exchange, both on a year-over-year basis. For 2015, Terex lowered adjusted earnings per share outlook to the range of $1.90 to $2.10 and trimmed net sales guidance to the range of $6.1$6.4 billion.

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