Caterpillar Q2 Adj. EPS $5.55 Beats $4.51 Estimate, Sales $17.32B Beat $16.50B Estimate
Portfolio Pulse from Benzinga Newsdesk
Caterpillar reported Q2 earnings of $5.55 per share, beating the analyst consensus estimate of $4.51 by 23.06%. This is a 74.53% increase from the same period last year. The company also reported quarterly sales of $17.32 billion, beating the analyst consensus estimate of $16.50 billion by 4.99%. This is a 21.56% increase from the same period last year.
August 01, 2023 | 10:32 am
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Caterpillar's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Caterpillar's Q2 earnings and sales exceeded analyst estimates, which is a positive signal for the company's financial performance. This could lead to an increase in the company's stock price in the short term.
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