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Tag: Caterpillar 1Q
Construction Equipment
Cat 1Q sales, revenues take 21% dive
Caterpillar 1Q sales and revenues took a 21 percent dive, with the firm reporting $10.6 billion versus $13.5 billion for 1Q 2019. “The decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories,” says Cat, reporting that dealers increased machine and engine inventories by about […]
April 29, 2020
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
Business
Caterpillar profit rises 5% in 1Q due to surge in construction equipment sales
After a rough 2013 that saw profits drop 33 percent, the momentum Caterpillar gained during a strong fourth quarter appears to have remained in tact in 2014 and the company has raised its profit forecast for the year. The company today announced profits of $922 million, or $1.44 per share, for the first quarter ending […]
April 24, 2014
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