BUZZ-Terex third-quarter profit exceeds expectations, shares rise

October 28 - ** Shares of equipment manufacturer Terex Corp (TEX.N) rose about 1% in premarket trading to $50

** The company raised the lower end of its 2026 adjusted earnings per share forecast from $4.70 to $4.80

** However, it lowered the upper end of its forecast from $5.10 per share to $5 per share

** Adjusted earnings per share for the third quarter were $1.50, higher than Wall Street's expected $1.42—data compiled by LSEG

** As of the close of the previous trading day, the stock had declined 6.9% year-to-date

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