Tag: Caterpillar sales: Page 3

Business

Caterpillar beats estimates, boosts profit 20% in 1Q despite dip in sales

Caterpillar delivered very good news for shareholders in its first quarter earnings report, with a big profit increase and an improved outlook for the rest of the year. The company reported a 20-percent boost in profit over Q1 2014 to $1.1 billion, or $1.81 per share. This was despite a 4-percent sales and revenues drop to $12.7 […]

April 24, 2015

Dealers

Plunging yen has boosted Komatsu sales; Caterpillar dealers report “aggressive” pricing

With profit and sales declines in full effect for competitors Caterpillar, John Deere and CNH Industrial, Komatsu earnings reports been the lone bright spot among construction equipment manufacturers. Even Terex, which finished the year with a 27 percent profit increase, is expecting a more challenging 2015 with sales declines. Komatsu sales increased 6.4 percent year-over-year […]

March 12, 2015

Business

Forbes: Caterpillar’s mining woes likely to continue hurting sales in 2014

For the last three quarters, Caterpillar’s financial results have shared a familiar theme: decreased demand for mining equipment. Caterpillar’s mining sales are down 33 percent annually, or $5.4 billion. And a new report from Forbes, put together by stock price estimate firm Trefis, says Caterpillar’s mining woes will likely continue at least into early 2014. […]

December 29, 2013

Business

Caterpillar global dealer sales down 13 percent

According to recent SEC filing, Caterpillar reported that its global dealer sales dropped 13 percent in the three month period ending in February when compared to the same period last year. The Asia/Pacific region dealt much of the blow with sales there down 26 percent during that time period. Here in North America, the company’s […]

March 22, 2013