Terex Corporation (TEX) Q3 2023 Earnings Call Transcript

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Q3: 2023-10-26 Earnings Summary

EPS of $1.75 beats by $0.05
 | Revenue of $1.29B (15.14% Y/Y) beats by $28.79M

Terex Corporation (NYSE:TEX) Q3 2023 Earnings Call Transcript October 27, 2023 8:30 AM ET

Company Participants

Paretosh Misra - Head of Investor Relations
John Garrison - Chairman and Chief Executive Officer
Julie Beck - Senior Vice President and Chief Financial Officer

Conference Call Participants

Stanley Elliott - Stifel
Steve Volkmann - Jefferies
Seth Weber - Wells Fargo
Steven Fisher - UBS
David Raso - Evercore ISI
Tami Zakaria - JPMorgan
Nicole DeBlase - Deutsche Bank
Jerry Revich - Goldman Sachs
Mig Dobre - Baird

Operator

Greetings, and welcome to the Terex Third Quarter 2023 Results Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Paretosh Misra, Head of Investor Relations.

Paretosh Misra

Good morning, and welcome to the Terex third quarter 2023 earnings conference call. A copy of the press release and presentation slides are posted on our Investor Relations website at investors.terex.com. In addition, the replay and slide presentation will be available on our website.

We are joined by John Garrison, Chairman and Chief Executive Officer; and Julie Beck, Senior Vice President and Chief Financial Officer. Their prepared remarks will be followed by Q&A.

Please turn to Slide 2 of the presentation, which reflects our safe harbor statement. Today's conference call contains forward-looking statements, which are subject to risks that could cause actual results to be materially different from those expressed or implied. In addition, we will be discussing non-GAAP information we believe is useful in evaluating the company's operating performance. Reconciliations for these non-GAAP measures can be found in the conference call materials.

Please turn to Slide 3, and I'll turn it over to John Garrison.

John Garrison

Thank you, Paretosh, and good morning. I'd like to welcome everyone to our earnings call and appreciate your interest in Terex. I

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