Terex Corporation: Initiation Of Coverage – Acquisition of Environmental Solutions Group

Terex Corporation reported its second quarter earnings for 2024, exhibiting solid performance amid varied global economic scenarios. The revenue for the quarter stood at $1.4 billion with adjusted earnings per share at $2.16, projecting a strong year with an expected annual adjusted EPS range of $7.15 to $7.45. This outcome underscores a continued robust operation, aligning with Terex’s execute, innovate, and grow strategy, which aims at driving sustainable long-term growth across its operations.