Recap: Caterpillar Q2 Earnings

Recap: Caterpillar Q2 Earnings

 

Caterpillar CAT reported its Q2 earnings results on Tuesday, August 2, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Caterpillar beat estimated earnings by 5.65%, reporting an EPS of $3.18 versus an estimate of $3.01.

Revenue was up $1.36 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.28 which was followed by a 0.89% drop in the share price the next day.

Here's a look at Caterpillar's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.60 2.26 2.20 2.38
EPS Actual 2.88 2.69 2.66 2.60
Revenue Estimate 13.40B 13.15B 12.48B 12.58B
Revenue Actual 13.59B 13.80B 12.40B 12.89B

To track all earnings releases for Caterpillar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews