Terex and KBR post robust Q2 earnings, raise outlooks

Terex Corp. reported second‑quarter revenue of $2.24 billion, a pro‑forma sales increase of 8.5% year over year. Adjusted EBITDA rose 10.7% to $269 million and earnings per share were $1.37. The company highlighted a 25% jump in consolidated bookings to $2 billion, a backlog of $6.9 billion, and strong demand from U.S. non‑residential construction, data‑center and infrastructure projects. It also noted the City of Chicago’s purchase of 80 fire trucks and 40 ambulances and progress on integrating the REV Group.

KBR Inc. posted quarterly earnings of $0.99 per share, beating estimates, on revenue of about $2.0 billion, a 2% year‑over‑year rise. Adjusted EBITDA reached $258 million with a 13% margin. The firm cited record backlog of $5.5 billion, robust demand for Sustainable Technology Solutions, and continued work on a planned spin‑off named Trinzic slated for early 2027. Cash‑flow conversion was affected by delayed Middle‑East collections, but the outlook for full‑year revenue and earnings remained unchanged.