About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Caterpillar (CAT) came out with quarterly earnings of $5.99 per share, beating the Zacks Consensus Estimate of $5.53 per share. This compares to earnings of $5.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.32%. A quarter ago, it was expected that this construction equipment company would post earnings of $5.12 per share when it actually produced earnings of $5.60, delivering a surprise of 9.38%.Over the last four quarte ...

Key TakeawaysCaterpillar reported lower second-quarter revenue than analysts had expected, but net income narrowly beat estimates despite falling from last year.Adjusted profits beat estimates by a wider margin and rose year-over-year.The construction vehicle manufacturer's stock rose following the earnings report's release. Caterpillar (CAT) shares are rising in premarket trading Tuesday as the construction vehicle maker's second-quarter profits beat analysts' estimates, offsetting another quarter of reven ...

As government initiatives continue to channel significant funds into revitalizing America’s infrastructure, the appeal of infrastructure stocks seems more vibrant than ever. A notable driver behind this excitement is the Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), signed into law in November 2021 and still running today. This landmark legislation sets out to modernize the nation’s crumbling infrastructure, focusing on key areas like roads, bridges, w ...

Exhibit 99.1 Caterpillar Inc. 2Q 2024 Earnings Release FOR IMMEDIATE RELEASE Second Quarter ($ in billions except profit per share) 2024 2023 Sales and Revenues $16.7 $17.3 Profit Per Share $5.48 $5.67 Adjusted Profit Per Share $5.99 $5.55 Caterpillar Reports Second-Quarter 2024 Results ● Second-quarter 2024 profit per share of $5.48; adjusted profit per share of $5.99 ● Enterprise operating cash flow was $3.0 billion in the second quarter of 2024 ● Deployed $2.5 billion of cash for share repurchases and di ...

Second-quarter 2024 profit per share of $5.48; adjusted profit per share of $5.99Enterprise operating cash flow was $3.0 billion in the second quarter of 2024Deployed $2.5 billion of cash for share repurchases and dividends in the second quarterSecond Quarter ($ in billions except profit per share) 2024 2023 Sales and Revenues $16.7 $17.3 Profit Per Share $5.48 $5.67 Adjusted Profit Per Share $5.99 $5.55 Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 13 and 14. I ...

UKRAINE - 2021/04/11: In this photo illustration the Caterpillar logo is seen on a smartphone and a ... [+] pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesCaterpillar (NYSE: CAT) will report its Q2 2024 results on Tuesday, August 6. We expect the company’s revenues to come in at $16.8 billion and adjusted earnings of $5.56 per share, both slightly above the consensus estimates. The company should benefit from continued price i ...

Avalon_Studio Caterpillar Inc. (NYSE:CAT). This name has resounded in many ears since childhood, thanks to the yellow excavators and earth diggers that fascinate kids around the globe. With its stock, however, I have not been fortunate so far. I haven't lost any money, but neither have I made some. The reason is simple: I have never bought it. And yet, it is among my first picks on my watch list. But this stock taught me an interesting investing lesson because when I was convinced it was in buy territory, I ...

Caterpillar Inc. (CAT) is anticipated to record top and bottom-line declines when it reports second-quarter 2024 results on Aug 6, before the opening bell.The Zacks Consensus Estimate for second-quarter 2024 earnings has moved down 1% over the past 30 days to $5.53 per share. The consensus mark implies a 0.4% dip from the year-ago actual. The Zacks Consensus Estimate for revenues is pegged at $16.76 billion, suggesting a 3.2% year-over-year decline.  Image Source: Zacks Investment Research Solid Earnings Su ...

Wall Street analysts expect Caterpillar (CAT) to post quarterly earnings of $5.53 per share in its upcoming report, which indicates a year-over-year decline of 0.4%. Revenues are expected to be $16.76 billion, down 3.2% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 1.2% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announce ...