Investing.com - Terex reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Terex announced earnings per share of $1.07 on revenue of $1.1B. Analysts polled by Investing.com anticipated EPS of $0.864 on revenue of $1.08B.
Terex shares are down 26.12% from the beginning of the year and are trading at $33.91 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Terex shares gained 4.43% 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, July 26, 2022, who reported EPS of $3.29 on revenue of $24.77B, compared to forecasts EPS of $3.16 on revenue of $24.65B.
Union Pacific had beat expectations on Thursday, July 21, 2022 with second quarter EPS of $2.93 on revenue of $6.27B, compared to forecast for EPS of $2.84 on revenue of $6.12B.
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