Terex (NYSE: TEX) reported earnings on Oct. 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q3), Terex missed estimates on revenues and crushed expectations on earnings per share.

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

Gross margins increased, operating margins grew, net margins dropped.

Revenue details
 Terex chalked up revenue of $1.82 billion. The 13 analysts polled by S&P Capital IQ looked for revenue of $1.95 billion on the same basis. GAAP reported sales were 1.0% higher than the prior-year quarter's $1.80 billion.

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

EPS details
 EPS came in at $0.62. The 18 earnings estimates compiled by S&P Capital IQ anticipated $0.50 per share. GAAP EPS of $0.27 for Q3 were 18% lower than the prior-year quarter's $0.33 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 20.8%, 440 basis points better than the prior-year quarter. Operating margin was 7.2%, 310 basis points better than the prior-year quarter. Net margin was 1.7%, 30 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.91 billion. On the bottom line, the average EPS estimate is $0.49.

Next year's average estimate for revenue is $7.71 billion. The average EPS estimate is $1.96.

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 $25.71.