Shares are pushing higher in early trading, up around 1%. Earnings and revenue easily beat street estimates, and Caterpillar’s 2018 EPS forecast topped expectations.(at:am1;15)
167.91-0.43 (-0.26 %)
As of 2:59PM EST. Market open.
Caterpillar reported earnings of $2.16 per share on sales of $12.9 billion. A consensus of analysts expected earnings of $1.79 per share on $11.98 billion in revenue.
The company also provided EPS guidance of between $8.25 and $9.25, above the Street's consensus of $8.15.
Caterpillar (CAT)
Shares are pushing higher in early trading, up around 1%. Earnings and revenue easily beat street estimates, and Caterpillar’s 2018 EPS forecast topped expectations.(at:am1;15)
167.91-0.43 (-0.26 %)
As of 2:59PM EST. Market open.
Caterpillar reported earnings of $2.16 per share on sales of $12.9 billion. A consensus of analysts expected earnings of $1.79 per share on $11.98 billion in revenue.
The company also provided EPS guidance of between $8.25 and $9.25, above the Street's consensus of $8.15.
Safe landing♪