Terex Shares Plunge Amid Major Strategic Overhaul
01.11.2025 - 16:11:04 | boerse-global.de
Industrial equipment manufacturer Terex witnessed a dramatic trading session on Friday, with its stock price collapsing by more than 15%. This sharp decline followed the simultaneous announcement of two transformative strategic decisions: a planned merger with REV Group and the complete divestiture of its Aerials business segment. These developments overshadowed the company’s otherwise solid third-quarter earnings report.
Terex delivered robust financial results for the third quarter of 2025. Earnings per share came in at $1.50, significantly surpassing analyst forecasts by as much as $0.29. On the revenue front, the company posted a 14.4% year-over-year increase to $1.39 billion, though this figure narrowly missed the consensus expectation of $1.41 billion. For the full fiscal year 2025, management reaffirmed its Read more...
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