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Tag: Caterpillar financial results
Dealers
Caterpillar Q2 sales up 9.5%, profit jumps 45%
Caterpillar’s second quarter 2017 sales and revenues increased by 9.5 percent compared to 2016, reaching $11.3 billion. In response the company released an improved outlook for the remainder of the year. “Our team delivered an impressive quarter. As demand increased, we continued to control costs and generated higher profit margins,” says CEO Jim Umpleby regarding […]
July 25, 2017
Dealers
Business Roundup: News on Caterpillar, global rental market forecast, Ring Power, McBride Mack, new I-9 forms
Caterpillar reports $38.5 billion sales and revenue for 2016, $0.11 per share loss Caterpillar Inc. has reported an 18 percent drop in sales and revenues for all of 2016 at $38.5 billion, with a per share loss of $0.11 for the year. That compares to 2015, when the company reported full-year sales and revenue of […]
January 31, 2017
Dealers
Caterpillar reports $38.5 billion sales and revenue for 2016, $0.11 per share loss
Caterpillar Inc. has reported an 18 percent drop in sales and revenues for all of 2016 at $38.5 billion, with a per share loss of $0.11 for the year. That compares to 2015, when the company reported full-year sales and revenue of $47.0 billion and a profit per share of $4.18. The loss, Caterpillar says, […]
January 26, 2017
Business
Caterpillar profit up 4% in 2Q despite decline in sales; improves full-year forecast
Despite a dip in sales and continued soft demand for mining equipment, Caterpillar today announced a 4-percent increase in profit during the second quarter. The company today announced profits of $999 million, or $1.57 per share, for the second quarter ending June 30. That’s up 4 percent from the $960 million earned during the same […]
July 24, 2014
Business
Profits drop 33% in 2013, but Caterpillar’s better-than-expected 4Q provides momentum for ’14
Caterpillar released its fourth quarter and full-year financial results for 2013 this morning, with numbers that were better than expected by Wall Street analysts. The heavy equipment manufacturer’s profits were $1 billion in the fourth quarter, an increase of 44 percent from 4Q 2012. That increase is mostly due to the $580 million impairment charge […]
January 27, 2014
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
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