Terex (TEX +7.5%) CEO Ronald DeFeo says that while the weak euro could hit its profit by around...

|About: Terex Corporation (TEX)|By:, SA News Editor

Terex (TEX +7.5%) CEO Ronald DeFeo says that while the weak euro could hit its profit by around $10M, he doesn't think it will be "that material" to earnings, and he reaffirms Terex's FY EPS guidance of $1.65-$1.85. DeFeo's comments are in contrast to Danaher's, which says the euro could hit EPS by $0.05.