Investing.com - Terex reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Terex announced earnings per share of $1.02 on revenue of $1.04B. Analysts polled by Investing.com anticipated EPS of $0.5959 on revenue of $1.02B.
Terex shares are up 34.97% from the beginning of the year and are trading at $48.00 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Terex shares gained 1.93% in after-hours trade the report.
Terex follows other major Industrials sector earnings this month
Terex's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on July 23 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
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