Terex (NYSE: TEX) is expected to report Q2 earnings around July 17. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Terex's revenues will wane -1.0% and EPS will compress -27.6%.

The average estimate for revenue is $1.99 billion. On the bottom line, the average EPS estimate is $0.55.

Revenue details
 Last quarter, Terex reported revenue of $1.72 billion. GAAP reported sales were 5.3% lower than the prior-year quarter's $1.82 billion.

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

EPS details
 Last quarter, non-GAAP EPS came in at $0.23. GAAP EPS of $0.21 for Q1 were 5.0% higher than the prior-year quarter's $0.20 per share.

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

Recent performance
 For the preceding quarter, gross margin was 19.0%, 80 basis points better than the prior-year quarter. Operating margin was 4.1%, 10 basis points worse than the prior-year quarter. Net margin was 1.4%, 10 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $7.55 billion. The average EPS estimate is $1.98.

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 $37.88.

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