India, May 1 -- While reporting financial results for the first quarter on Friday, industrial equipment manufacturer Terex Corp. (TEX) reiterated its earnings and revenue guidance for the full-year 2026.
For fiscal 2026, the company now projects earnings in a range of $4.50 to $5.00 per share on revenues between $7.5 billion and $8.1 billion.
"We continue to execute our strategy, including the integration of REV. We remain on track to deliver approximately $28 million of synergies in 2026 through the elimination of duplicate overhead and to achieve the full $75 million run-rate within our 24 month target," said Simon Meester, Terex President and CEO.
For the first quarter, the company reported a net loss of $89 million or $0.93 per share...