Terex reports Q2 non-GAAP EPS of $1.37, beating estimates by $0.14, as revenue surges 47.7% year-over-year to $2.2B.
Terex posted Q2 non-GAAP earnings per share of $1.37, exceeding estimates by $0.14, driven by revenue of $2.2 billion, a 47.7% year-over-year increase. The revenue figure also surpassed expectations by $60 million.
The company raised its full-year 2026 outlook, projecting revenue between $7.9 billion and $8.2 billion, above the consensus estimate of $7.94 billion. Adjusted EBITDA is now forecast at $960 million to $1 billion, with a midpoint margin of approximately 12.2%.
Shares of Terex may react to the stronger-than-expected results and upward revision in guidance.