Earnings release
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TEREX CORPORATION NEWS RELEASE Terex Corporation Announces First Quarter 2021 Results 4/29/2021 - Strong Q1 financial results ; sales and EPS exceeded expectations Delivered positive first quarter free cash flow - Increased financial outlook for full - year 2021 - Enhanced capital structure NORWALK , Conn . , April 29 , 2021 / PRNewswire / -- Terex Corporation ( NYSE : TEX ) announced first quarter 2021 income from continuing operations of $ 39.7 million , or $ 0.56 per share , on net sales of $ 864.2 million . In the first quarter of 2020 , the reported income from continuing operations was ( $ 24.7 ) million , or ( $ 0.35 ) per share , on net sales of $ 833.6 million . " Our first quarter results reflect a strong start to the year , as the global markets recover from the pandemic . I am proud of our team members as they continue to overcome the disruptions caused by COVID - 19 and deliver improved performance , " said Terex Chairman and Chief Executive Officer John L. Garrison , Jr. Due to improved market conditions and operational execution , Terex increased its full - year outlook for sales to approximately $ 3.7 billion with an EPS range of $ 2.35 to $ 2.55 , which includes a $ 0.30 charge associated with capital structure refinancing . " Our portfolio of specialized machinery businesses will benefit from the global economic expansion , " Garrison said . " We are committed to aggressively implementing our Execute , Innovate and Grow strategy to improve margins and grow Terex . " " AWP continues to improve its execution and operating margins , while meeting strong customer demand . MP had 1