Terex (NYSE: TEX) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Terex beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share increased significantly.

Margins increased across the board.

Revenue details
Terex booked revenue of $1.82 billion. The 13 analysts polled by S&P Capital IQ foresaw revenue of $1.78 billion on the same basis. GAAP reported sales were 45% higher than the prior-year quarter's $1.26 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.31. The 17 earnings estimates compiled by S&P Capital IQ averaged $0.23 per share on the same basis. GAAP EPS of $0.20 for Q1 were 100% higher than the prior-year quarter's $0.10 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 18.2%, 490 basis points better than the prior-year quarter. Operating margin was 3.5%, 420 basis points better than the prior-year quarter. Net margin was 1.3%, 40 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $2.03 billion. On the bottom line, the average EPS estimate is $0.52.

Next year's average estimate for revenue is $7.95 billion. The average EPS estimate is $1.78.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Terex is outperform, with an average price target of $29.18.

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