Terex to Announce Q1 Earnings with Mixed Expectations
Terex Corp (TEX) saw its stock rise by 5.63% as it crossed above the 5-day SMA, reflecting positive market conditions.
The company is scheduled to announce its Q1 earnings on May 1st, with a consensus EPS estimate of $0.78, indicating a 6% year-over-year decline, while revenue is expected to reach $1.7 billion, showing a robust 41.7% year-over-year growth. Despite the cautious sentiment reflected in the downward revisions of EPS estimates, the positive revenue outlook and historical performance of beating EPS estimates 100% of the time bolster market confidence.
The upcoming earnings report is crucial for Terex as it aims for significant EBITDA growth by 2026, supported by its merger with REV, which is expected to enhance its competitive position.
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- Significant Sales Growth: Terex reported Q1 2026 sales of $1.7 billion, an 11% year-over-year increase, with EPS reaching $0.98, reflecting strong performance in new business segments and overall operational efficiency.
- Strong Backlog and Orders: The company’s backlog rose to $7.1 billion by the end of the quarter, with management reaffirming full-year sales expectations between $7.5 billion and $8.1 billion, indicating confidence in future performance amid macro uncertainties.
- Integration Progressing Well: The REV integration plan is on track, with expected synergies of approximately $28 million in 2026 and a target of a $75 million run rate within 24 months, showcasing Terex's effective post-merger execution capabilities.
- Improved Financial Position: Terex reduced its net leverage ratio to 2.4x and improved net working capital as a percentage of sales to 16.7%, demonstrating significant advancements in financial management and operational efficiency post-portfolio shift.
- Performance Review: Terex reported net sales of $1.734 billion for Q1 2026, a 41% increase from the same period in 2025, indicating strong demand in critical sectors such as emergency services and construction, thereby reinforcing its market position.
- Profitability Improvement: The adjusted EPS for the quarter was $0.98, reflecting a $0.05 increase compared to last year, showcasing operational efficiency gains post-REV Group integration, which is expected to drive future profit growth.
- Strong Backlog: Terex's backlog reached $7.1 billion at the end of Q1, supported by robust booking trends in Materials Processing, Aerials, and Terex Utilities, providing solid visibility for future sales growth.
- Strategic Integration Progress: The company anticipates achieving $28 million in synergies in 2026 by eliminating duplicate overhead, further optimizing resource allocation to maintain a competitive edge in a challenging market.
- Earnings Beat: Terexpress reported a Q1 Non-GAAP EPS of $0.98, exceeding expectations by $0.20, which reflects a significant improvement in profitability and boosts investor confidence.
- Strong Revenue Growth: The company achieved $1.7 billion in revenue for Q1, marking a 41.7% year-over-year increase, aligning with market expectations and indicating sustained competitiveness in the market.
- 2026 Outlook Reaffirmed: Terexpress reaffirmed its 2026 sales target of $7.5 to $8.1 billion, although slightly below the consensus of $7.92 billion, while projecting EBITDA of $930 million to $1 billion, a 12% year-over-year increase, showcasing strong profitability and sustainable growth potential.
- Strategic Shift Driving Growth: The merger with REV is expected to drive synergies and growth, positioning Terexpress for enhanced market standing and profitability in the coming years.
- Earnings Release Date: Terex is set to announce its Q1 earnings on May 1st before market open, with consensus EPS estimate at $0.78, reflecting a 6% year-over-year decline, while revenue is expected to reach $1.7 billion, indicating a robust 41.7% year-over-year growth.
- Historical Performance Review: Over the past two years, Terex has beaten EPS estimates 100% of the time and revenue estimates 50% of the time, demonstrating stability in financial performance and bolstering market confidence.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen 8 downward revisions with no upward adjustments, indicating cautious market sentiment regarding profitability; conversely, revenue estimates have experienced 6 upward revisions, reflecting optimism about the company's growth potential.
- Future Outlook: Terex aims for $930 million to $1 billion in EBITDA by 2026, with expectations that the merger with REV will drive synergies and growth, further enhancing the company's competitive position in the market.
- Conference Call Announcement: Terex Corporation will host a conference call on May 1, 2026, at 8:30 a.m. Eastern Time to review its Q1 2026 financial results, providing investors with crucial financial data and future outlook.
- Leadership Participation: The call will be led by CEO Simon Meester and CFO Jennifer Kong-Picarello, ensuring that investors receive direct insights and analyses from the company's top executives regarding performance.
- Financial Results Release: The company's financial results will be issued prior to the call and available on its investor website, allowing participants to access relevant information ahead of time for a more informed discussion.
- Global Business Overview: Terex, as a global leader in specialized equipment solutions, serves essential sectors such as emergency services, waste recycling, utilities, and construction, showcasing strong market demand and long-term growth potential.
- Conference Call Announcement: Terex Corporation will host a conference call on May 1, 2026, at 8:30 a.m. Eastern Time, led by CEO Simon Meester and CFO Jennifer Kong-Picarello, to review its Q1 financial results, aiming to provide detailed insights into the company's performance.
- Financial Results Release: The company's financial results will be issued prior to the call and made available on its investor website, ensuring that investors have access to the latest information before the meeting, thereby enhancing transparency and investor confidence.
- Global Market Positioning: As a global leader in specialized equipment solutions, Terex serves essential sectors such as emergency services, waste recycling, utilities, and construction, showcasing its strong growth potential in high-demand markets.
- Innovation and Investment Strategy: The company is committed to exceeding customer expectations, investing in innovation, and leveraging its diversified portfolio to ensure consistent, profitable growth for shareholders, reflecting its competitive advantage in the global market.








