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More on Terex's Q3

Oct. 30, 2014 7:26 AM ETTerex Corporation (TEX) StockTEXBy: Yoel Minkoff, SA News Editor
  • Adjusted income from continuing operations of $67.8M, or $0.59 per share vs. $84.5M, or $0.73 per share in the third quarter of 2013.
  • Backlog for orders deliverable during the next twelve months was $1.7B at September 30, 2014, a decrease of 5.1% from September 30, 2013 and a decrease of 22.5% from June 30, 2014.
  • The company's annual outlook expects EPS to be at or near the bottom of the previously announced range of $2.35-$2.50, excluding restructuring and other unusual items, on net sales of $7.3B-$7.5B.
  • Q3 results
  • TEX -3.5% premarket

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