Caterpillar Inc
- Caterpillar Inc. declined 6.4% to $226.71 after the industrial equipment maker reported better-than-expected third-quarter results.
Sales and revenues in the third quarter increased 12% to $16.8 billion from $15 billion, largely driven by price increases and volume growth.
Net income increased to $2.8 billion from $2.0 billion, and diluted earnings per share advanced to $5.45 from $3.87 a year ago.
Sales in the construction industry increased 12% to $7.0 billion, the resource industry advanced 9% to $3.3 billion, the energy and transportation industry jumped 11% to $6.9 billion, and financial services revenue soared 20% to $979 million.
Revenue in the third quarter rose to $16.8 billion, and adjusted earnings were $5.52 per share.
However, the company forecasted sales in the current quarter would be "slightly higher" than the same year ago, and the adjusted operating profit margin in the fourth quarter will be lower than in the third quarter.
The company estimated restructuring expenses of about $700 million for the full year and capital expenditures of about $1.5 billion in the period.
Oct 31, 2023 - Caterpillar Inc soared 7.2% to $283.09 after the heavy equipment maker reported higher sales on rising demand in the second quarter.
Revenue in the second quarter increased 22% to $17.3 billion from $14.2 billion and net income rose to$2.9 billion from $1.7 billion and diluted earnings per share advanced to $5.67 from $3.13 a year ago.
The company reported sales increase in all regions of the world and sales in North America rose 31% to $1.3 billion and jumped in Asia Pacific increased 18% to $1.1 billion.
Sales in the oil and gas industry jumped 43% to $1.7 billion and power generation soared 39% to $1.6 billion.
Aug 1, 2023 - Caterpillar said fourth quarter revenue increased 20% to $16.6 billion and net income in the quarter declined to $1.45 billion and diluted earnings per share fell to $2.79 from $3.91 a year ago.
Jan 31, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 3.74 | 5.67 | 5.45 | - | - | |
| 2022 | 2.86 | 3.13 | 3.87 | 2.78 | 12.64 | |
| 2021 | 2.77 | 2.56 | 2.6 | 3.9 | 11.83 | |
| 2020 | 1.98 | 0.84 | 1.22 | 1.42 | 5.46 | |
| 2019 | 3.25 | 2.83 | 2.66 | 1.97 | 10.74 | |
| 2018 | 2.74 | 2.82 | 2.88 | 1.82 | 10.26 | |
| 2017 | 1.28 | 1.49 | 1.95 | 2.16 | 6.88 | |
| 2016 | 0.67 | 1.09 | 0.85 | 0.83 | 3.44 | |
| 2015 | 1.86 | 1.27 | 0.75 | 0.74 | 4.62 | |
| 2014 | 1.44 | 1.57 | 1.63 | -0.74 | 3.9 | |
| 2013 | 1.31 | 1.45 | 1.45 | 1.54 | 5.75 | |
| 2012 | 2.37 | 2.54 | 2.54 | 1.03 | 8.48 | |
| 2011 | 1.84 | 1.52 | 1.71 | 2.33 | 7.4 | |
| 2010 | 0.36 | 1.09 | 1.22 | 1.48 | 4.15 | |
| 2009 | -0.19 | 0.60 | 0.64 | 0.38 | 1.43 | |
| 2008 | 1.45 | 1.74 | 1.39 | 1.08 | 5.66 | |
| 2007 | 1.23 | 1.24 | 1.40 | 1.50 | 5.37 | |
| 2006 | 1.20 | 1.52 | 1.14 | 1.31 | 5.17 | |
| 2005 | 0.81 | 1.08 | 0.94 | 1.21 | 4.04 |