Terex reports Q2 adjusted EPS $2.16, consensus $2.06

Reports Q2 revenue $1.4B, consensus $1.43B. “The Terex team continues to perform at a high level and demonstrated strong execution in the second quarter,” said Simon Meester, Terex President and Chief Executive Officer. “The recently announced agreement to purchase Environmental Solutions Group strengthens our portfolio and leverages our operating system to drive sustainable, accelerated long-term growth. ESG will add a non-cyclical, financially accretive, and market-leading business to Terex’s portfolio with tangible synergies in the fast-growing waste and recycling end market. The transaction is expected to close in the second half of 2024.”