08:59 AM EDT, 10/30/2024 (MT Newswires) -- Terex ( TEX ) reported Q3 adjusted earnings Wednesday of $1.46 per diluted share, down from $1.72 a year earlier.

Analysts polled by Capital IQ expected $1.26.

Revenue for the quarter ended Sept. 30 was $1.21 billion, down from $1.29 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.16 billion.

The industrial equipment manufacturer said it now expects 2024 adjusted earnings to be between $5.85 and $6.25 per diluted share. That compares with its previous projection of $7.15 to $7.45. Analysts polled by Capital IQ expect $6.01.